The oil sector has proposed the development of unconventional reservoirs to improve the prospects for energy self-sufficiency in the long term in Colombia. Fedesarrollo conducted a study on the possible economic benefits of this alternative for the country.
In a voting session of five against one, the Constitutional Court revoked the popular consultation that took place in the municipality of Cumaral (Meta), in June 2016.
The State Council determined that municipalities are not only capable, but obliged to develop popular consultations.
The process of post-conflict and land restitution is advancing, but this has generated some controversy over land ownership and control where oil projects are developed. Amerisur Resources (LON: AMER) talked about a controversy generated with communities in the department of Putumayo.
Francisco José Lloreda, President of the Colombian Oil Association (ACP) spoke about key issues for the sector such as exploration and oil prices.
Authorities spoke of new projects aimed at improving the quality of life of inhabitants of Meta, Norte de Santander, Santander and Huila, among others. These and other stories in our periodic Royalties summary.
The government formed a Commission to evaluate the convenience of developing Fracking in the country. Opinions are still divided.
The ‘boom’ of the anti-oil referendums put several projects around Colombia in check, and communities continue with the intention of blocking the development of oil projects. A referendum against the Porton is once again on the table
The National Hydrocarbons Agency (ANH) announced that it will suspend 2018’s Permanent Competitive Procedure, through which it had been receiving proposals for the award of exploration areas.
The Colombian Association of Petroleum Engineers (ACIPET), in alliance with the National Hydrocarbons Agency (ANH), Ecopetrol (NYSE: EC) and other companies, organized a forum on Enhanced Oil Recovery (EOR) in Bogotá. HCC attended the event and we bring a brief summary of the meeting.
2025, Hydrocarbons Colombia, All Rights Reserved.
