Pacific Rubiales Energy (TSX:PRE) says it has finished and launched an electrical transmission line that runs from the hydro-electrical center in Chivor, Boyacá to its flagship field Rubiales in Meta, which it says will save US$100M in operational costs annually.
Multinational trading and logistics firm Trafigura Impala is on the verge of starting construction on a river port in Barrancabermeja to ship goods, among them hydrocarbons, along the Magdalena river.
Estimates from Ecopetrol (NYSE:EC) are that upcoming phases of the current modernization work at the Barrancabermeja Refinery will employ up to 5000 people at its peak of activity in 2014.
Javier Gutiérrez, president of Ecopetrol (NYSE:EC) made a visit to the municipality in San Antero and told local press that the Bicentennial Pipeline (OBC) will be online in December, the latest change in the start of its operations, mainly due to security threats.
A chain of events set off by a truck loaded with 230 barrels of crude crashing on a Putumayo highway which led then to a spill which reached the Magdalena river, has moved local authorities to ban a number of transport companies from operating and heavy trucks from using their normal routes in Huila.
A local activist and former politician has insisted authorities apply measures to limit tanker-truckers on main highways in Villavicencio Meta, demonstrating the context and need for more agreements on roads between the industry, local authorities and the community in general, like the one signed last week in Casanare.
A new factory operated by a new Colombian company called Tayrona Steel Pipe will open in 2014 to supply the oil and gas sector with tubing produced in the Magdalena Department, near the Santa Marta port.
In order to finance road maintenance and improvements the Casanare secretary of public works and transport, Wilson Arenas, has proposed a toll system that would charge all oil tanker truckers using the public roadways.
Small diameter pipeline operator Raven held a socialization session with municipal leaders in Paz de Ariporo to detail the advances in the environmental permitting process of the Llanos Express Pipeline (OXL) and discuss points of interest with the community.
Colombia’s ministry of Mines and Energy (MinMinas) is preparing rules to deregulate transport rates for new oil pipelines in order to promote more construction in areas with new production.