Government officials from Colombia, Ecuador, Venezuela, Bolivia and Mexico met to discuss cooperation and craft a common message ahead of an OPEC meeting on April 17. Colombia was represented by the Minister of Mines and Energy Lorena Gutiérrez.
The Llanos Orientales and the Meta Department in particular lead the country in royalty irregularities according to an audit performed by the General Controller (CGR) in the second half of 2015.
The Energy and Mining Planning Unit (UPME) has been moving forward with plans to tender the expansion of gas pipelines to improve the supply of the gas, and now details on the organization of the eventual network have emerged as well.
The president of the National Hydrocarbons Agency (ANH) Mauricio de la Mora abruptly resigned last week, saying officially that his work at the ANH has been accomplished.
The USO argues that health and environmental issues associated with fracking should move authorities to ban the practice in Colombia.
The conference topic was offshore but our Managing Editor, Wally Swain moderated a panel on the onshore industry that allowed ex-Vice Minister of Energy, Orlando Cabrales, and ex-ANH head, Javier Betancourt to give their uncensored opinions about the current state of the industry.
Faced with falling levels of exploration, production and foreign investment, President Juan Manuel Santos has told fiscal and oil & gas entities to form a group to study tax relief options for the hydrocarbons industry.
After an intervention from authorities and the community itself, the Constitutional Court decided to lift a suspension on production activities in the Ocelote-Guarrojo in Puerto Gaitán, Meta, since the suspension could cause more problem than it prevents.
Municipal council members in San Martín, Cesar have turned to national press to express their concerns on one of Colombia’s few fracking projects, led by ConocoPhillips (NYSE:COP).
The president of the Chamber of Oil Goods and Services (Campetrol) Rubén Darío Lizarralde again called on the government for a better response to the industry’s current situation and asked for additonal measures to bolster exploration activity.
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