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Regulations & Policy

ACP head blasts eco-protests

The president of the Colombian Petroleum Association (ACP) Francisco Lloreda lashed out against rising environmental and citizen protests against oil activities, which he says have become a free pass to extort and pressure the industry in Colombia.

Monday, May 16th, 2016
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Meta Governor calls for shift away from oil

The Meta Governor Marcela Amaya insisted that the department must shift its economic pillars away from oil and instead focus on tourism and agriculture. She formed a special committee to study employment.

Monday, May 16th, 2016
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MinMinas Arce insists 1mmbd is the goal

The Ministry of Mines and Energy Germán Arce says that the government has maintained its goal of one million barrels of crude per day, despite the industry’s challenges and falling output, and said investors need clear signs and consistency in the oil industry.

Thursday, May 12th, 2016
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A crude problem

We picked up a rare article which sounded alarms on the oil industry in a magazine read by Colombia’s elite, which brought up the legal instability, polarization and environmental resistance that is crushing the national budget.

Tuesday, May 10th, 2016
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Caño Cristales is an isolated case, says former ANLA head

In his last interview before resigning as the director of the National Agency of Environmental Licenses (ANLA), Fernando Irequi argued that the controversy around the Caño Cristales River and the revoked license for Hupecol was an isolated case, and also defended agency’s process to approve it.

Monday, May 9th, 2016
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Acacías POT means trouble for CPO-9

Acacías POT means trouble for CPO-9

A municipal ordinance plan (POT) looks to restrict oil activities in order to protect local water sources, and this has led to a series of court actions and accusations. The decision could end up affecting production at Ecopetrol’s CPO-9 block.

Monday, May 9th, 2016
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ANH reports a spike in block related transactions

The National Hydrocarbons Agency (ANH) says that it has detected a significant increase in the buying and selling of E&P blocks, provoked by the fall in oil prices.

Monday, May 9th, 2016
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Reficar scandal hits full stride in Senate hearing

Recommendations for contractors with inflated prices, a passing of blame between Presidents Juan Manuel Santos and Alvaro Uribe and accusations of prostitutes winning contracts have taken the scandal surrounding the Cartagena Refinery (Reficar) to an all new level.

Thursday, May 5th, 2016
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ANH plan to tap investment funds nearly ready

One of the initiatives of the former president of the National Hydrocarbons Agency (ANH) Mauricio de la Mora is to allow international investment funds to partner with oil companies or contractors to create new investment, and the regulations to allow it are nearly ready.

Wednesday, May 4th, 2016
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ANLA made a mistake in La Macarena, says Santos

The National Agency of Environmental Licenses (ANLA) made a mistake by granting an environmental license to Hupecol for a production block some 68km from the Caño Cristales river, but rectified its error by revoking the license, said President Juan Manuel Santos.

Wednesday, May 4th, 2016
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