The National Hydrocarbons Agency (ANH) has created a standardized set of labor profiles for the hydrocarbons sector, in an attempt to reduce conflicts associated with labor intermediaries.
The Colombian Association of Oil Engineers (ACIPET) believes, like its association peers, that the difficult scenario facing the oil industry today could bring average production down to 890,000bd by the end of the year.
It has been a while since we have seen anyone write about peak oil in Colombia, but a recent column said that embracing fracking is a flawed attempt by the Colombian government to delay the effect of peak oil in the country, when instead it should be investing in renewable energies.
The General Controller Edgardo Maya Villazón presented another report on royalty use which he says shows the royalty process changed under the General Royalty System (SGR), but the bad conduct and mismanagement did not. This and other related stories in our periodic roundup.
The oil industry is not the only sector to suffer from constant blockades and protests. Mining projects, electrical lines and new highways have all suffered delays due to an increasing conflictive community relationship.
A new law signed by President Juan Manuel Santos will allow departments to apply royalty funds to bills for additional health care, and cover outstanding debts with service providers and insurers, an area where a number of departments are suffering financially.
Low prices have led to a number of closures and cutbacks in the oil industry’s investments and productions. According to numbers from the National Hydrocarbons Agency (ANH), this combined impact has shuttered 15 fields and represents a loss of 20,000bd on average.
Fuel shortages, imported gasoline, a protested related death, soaring food prices, accusations of corruption and violence along Colombian roads are just a few of the consequences reported from the truckers’ strike that is already well into its second month.
The Nasa Kiwnas Cxhab indigenous community in Putumayo accused Gran Tierra Energy (TSX:GTE) of desecrating a holy site and exposing its community to risk, and claims that the Ministry of the Interior has not recognized its presence in an area granted an environmental license. UPDATED with commentary by Gran Tierra.
The list of communities taking legal action, through popular referendums, POT zoning ordinances, court actions or other tactics, continues to grow. The latest to join the fray is the Morelia Municipality in Caquetá.
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