HCC-The oil industry says that due to transport problems (caused by under-capacity) Ecopetrol’s reputation was being negatively affected by prioritizing its own crude first and then, if there was left over capacity, grant some to others .
There is a graph making the rounds of the Colombian oil and gas industry, discussed at meetings, drawn on napkins over lunch and presented in PowerPoint.
October 10, 2012
After a union leader told RCN Radio that recent riots in Puerto Gaitan that killed three people were because “Pacific Rubiales has not kept its commitments”, the company was forced to issue a statement that this was not true.
The recent cabinet shuffle changed six posts – Finance, Health, Interior, Transport, Mines and Energy and Environment. Finance and Health have only an indirect impact on the hydrocarbons industry, much as they might have on any industry.
June 8, 2012 Business newspaper LaRepublic.co reports that the Ministry of Environment, the Autonomous Regional Corporations and the National Agency for Environmental Licenses (Anla) signed an inter-departmental partnership to implement and operate a technological platform that will streamline the process to apply for environmental permits throughout the country.
June 7, 2012 It was widely reported in the Colombian business press that the May 31st board of Pacific Rubiales Energy Corp, approved the merger of firms Meta Petroleum Corp., Quifa Petroleum Ltd.