The Colombian Association of Petroleum Engineers (Acipet) hosted a meeting where Martin Kaindl, Director of Institutional Relations of the Argentinean Institute of Oil and Gas (IAPG,) spoke about Argentina’s experience with non-conventional resources. HCC attended the event.
German Arce, MinMinas, talked about the sector situation and the boom of popular referendums in an interview with Semana.
For the first time, representatives of the Oil Workers Union (USO,) the Colombian Association of Petroleum Engineers (Acipet), the Technical Institute of Petroleum and Ecopetrol (NYSE: EC) met in the “Unconventional resources: challenges for Colombia” forum, that took place in Barrancabermeja.
Carlos Mantilla Mc Cormick, former President of the National Hydrocarbons Agency (ANH) spoke about the lack of seismic information and its consequences in the next round.
The intention to carry out anti-oil and mining referendums continues to grow around Colombia. The industry has many concerns, and these grow with a move to carry out referendums to approve or deny offshore exploration.
The Ministry of Mines and Energy had announced a reduction in fuel prices for July, but a few days later changed this decision and increased them. The Colombian Federation of Cargo and Logistics Transporters (Colfecar) referred to this switch and gave recommendations.
The 23 municipalities that have popular consultation processes against oil activities might jeopardize the production of around 120mbd, and the future of at least 14 exploration projects.
With the aim of boosting the national economy, the government will speed up the implementation of un-used royalties during the second half of this year, and will seek to approve hundreds of projects in all regions. These and other stories in our periodic Royalties summary.
Anti-oil and mining referendums continue in different regions of the country and it is affecting mining and oil projects. Arbeláez and Pijao carried out these legal mechanisms to allow or reject the development of the mining and oil industry in their territories. As expected, the results were negative for the sectors.
Julio Cesar Vera, president of the Colombian Association of Petroleum Engineers (Acipet) spoke about the subject.
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