The Minister of Environment (MinAmbiente) Luis Gilberto Murillo has announced the new director of the National Agency of Environmental Licenses (ANLA) will come from within the ministry, tapping the current Director of Climate Change of the ministry, Rodrigo Suárez Castaño.
The fall in oil prices has led to a 13% drop in Colombia’s proven reserves, with 2.002B barrels registered by the Ministry of Mines and Energy (MinMinas). This brings the production/reserves ration down to 5.5 years based on 2015’s average production.
Senator Maritza Martínez has cited several ministers, including the Ministry of Mines and Energy, to a debate to analyze the options for Colombia’s hard-hit oil producing regions, which have seen a serious loss of jobs and investment following the drop in oil prices.
The Murui people of the Monai de Jitoma community in the Puerto Leguizamo Municipality say they will not support an oil exploration project and argued so in a recent prior consultation hearing, but the operator says it will still move forward with the project as their approval was not an obligation. What happens next?
The former president of the National Hydrocarbons Agency Mauricio de la Mora left his post with an array of initiatives in place, and a recently released interview gave more detail into the thinking that went into his policy decisions.
The commission responsible for reviewing the functioning of the General Royalty System (SGR) met in its 35th session, and approved changes which are expected to make the process easier for local political leaders to get their projects reviewed.
The Association of Oil Goods and Services (Campetrol) reported one of its biggest drops yet in the use of rigs during March 2016, and authorities urge greater focus on expanding reserves and exploratory activity. But to do so there are several critical obstacles that must be addressed.
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.
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.
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.
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