The Caño Limon –Coveñas Pipeline, an asset of Ecopetrol (NYSE:EC), announced the awarding of the maintenance contract to a new operator, and while some in the local press are interested in the opportunities this may bring, others have rejected it as a change of façade and nothing else.
The Regional Autonomous Corporation of the Upper Magdalena (CAM) has fined seven transportation companies for environmental damage from oil spills, not having a contingency plan and non-compliance with preventative measures
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.
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