The Colombian Association of Oil Engineers (ACIPET) signed eight cooperation agreements to enhance labor opportunities for its members, and handed out awards during its 2nd Innovation and Entrepreneurship Fair.
HCC was present at the Colombian Petroleum Association (ACP) congress 2016, held at the club El Nogal (Bogotá), and we bring a brief summary of the most important issues.
HCC attended the ANH’s 3rd Knowledge Fair: An experience for transforming conflicts and building peace, where community leaders discussed the agency’s territorial strategy. This initiative seeks to encourage ” territorial development and peace building where the industry operates”.
The president of the Colombian Petroleum Association Francisco José Lloreda said that the royalty framework is one of the leading causes of community conflict and must be reviewed, and prior consultation would be better served if handled by the government ahead of awarding blocks.
The president of the Colombian Energy Chamber (CCEnergia) Andrés Taboada said it seems that government entities are dedicating their efforts to creating obstacles to developing exploration and production activities for oil and gas, instead of promoting these investments.
Colombia’s most public (potential) unconventional project, still in its early exploration phase, has been suspended by ConocoPhillips (NYSE:COP) due to a series of blockades in the VMM3 block.
We thought it would be useful for others to read the complete text of ConocoPhilllips (NYSE:COP) statement on the tense situation in San Martin, Cesar. It lays out clearly what the company has done, what the ANH and MinMinas have done, the blockades that arose despite this effort and what the company’s reaction is to the blockades.
The propane gas association Gasnova sent out a warning that there is a 7% monthly deficit in the supply of propane gas for domestic use and if immediate action is not taken 240,000 families which rely on the fuel could see their supply put at risk.
The National Hydrocarbons Agency (ANH) and the Ministry of Mines and Energy (MinMinas) have received approval to create special tax free zones for offshore production in the Colombian Caribbean waters.
Is it a leak or is that oil seeping from the ground? A peculiar instance of environmental problems has occurred in Barrancabermeja in the Campo 23 village, after oil started seeping from the area. Ecopetrol (NYSE:EC) responded but says it is a natural occurrence.
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