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Regulations & Policy

Industry must show benefits for the community

The Colombian Oil Engineer Association (ACIPET) said that focusing on the established resources and potential exploration projects must also include an effort to better inform communities and counter misinformation being given about oil activities.

Tuesday, November 8th, 2016
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Criticism on a lack of impact from royalty investments

The ongoing debate on the General Royalty System (SGR) and its upcoming budget has consolidated the primary criticism of the system: it fails to create any meaningful, large scale projects for Colombia’s region.

Monday, November 7th, 2016
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MinAmbiente says survey could shift La Macarena blocks

The Minister of Environment Luis Gilberto Murillo said his ministry and other authorities are preparing a report on hydrocarbons exploration in La Macarena which could affect some of the blocks in the region, although those with an environmental license should be able to still explore.

Thursday, November 3rd, 2016
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Peace Process: Inching forward

The proponents of ‘no’ and ‘yes’ have made slow progress towards a new agreement before government negotiators travel to continue talks with the Farc this week, and there is speculation that an amended agreement might not pass through a second plebiscite.

Thursday, November 3rd, 2016
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ACIPET looks at ‘Near Field Exploration’

The Colombian Petroleum Engineers Association (Acipet) and the National Hydrocarbons Commission (ANH) organized a two-day seminar called “Near Field Exploration” in Bogotá. HCC was present at the event; we bring a brief summary of the meeting.

Thursday, November 3rd, 2016
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Short of 2016’s production goal

Short of 2016’s production goal

To meet the national government’s 2016 average daily production goal of 998,000bd the next two month’s production would have be to be well above the million barrel a day mark (1.068Mmbod), a long shot at best. Development and exploration wells are also falling short of the mark.

Wednesday, November 2nd, 2016
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Senator Martínez demands greater royalty share for producers

Senator Maritza Martínez promised to work with the central government and ensure that producing regions receive more royalty resources, as their share is lower than non-producing regions in the biannual budget.

Wednesday, November 2nd, 2016
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Eco Summary: Tumaco after the spill

It has been over a year and four months since a Farc attack on the Transandino Pipeline spilled more than 410,000 gallons of oil into the bay of Tumaco in Nariño, and now residents accuse the government of doing little to remedy their situation. This and other environmental stories in our periodic summary.

Wednesday, November 2nd, 2016
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Penalize royalties of communities blockading oil industry, proposes ACP

Among the proposals sent to the National Planning Department (DNP) as part of the royalty budget discussion by the Colombian Petroleum Association (ACP) is a mechanism to penalize communities whose frequent protests paralyze the oil industry.

Monday, October 31st, 2016
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Orlando Velandia officially ANH president

Orlando Velandia officially ANH president

Following a long stint as the acting president of the National Hydrocarbons Agency (ANH) and a series of rumors, Orlando Velandia has formally been named the president of the entity.

Thursday, October 27th, 2016
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