A Casanare tribunal declared a recent public hearing a failure after community leaders from the village of Tesoro Buby in Aguazul rejected a proposal from Perenco on the grounds it does not address all of their claims. The company said the proposal exceeds its responsibility.
As part of its deal with business sectors of the Caribbean coast, the Ministry of Mines and Energy (MinMinas) is moving forward with plans to hold a tender to build a gas pipeline that will connect the Atlantic coast.
The National Hydrocarbons Agency (ANH) held another event designed to better the relationship between industry and communities, highlighting functioning projects that different stakeholders can participate in.
Through the Colombian Petroleum Association (ACP), companies are calling on the government’s customs and taxes agency DIAN to fulfill tax returns on fiscal income prepaid to the authorities which was based on oil prices of US$80-90/barrel.
A mixed system for block auctions which includes a greater frequency of two a year and more flexibility in their rules is being drawn up the National Hydrocarbons Agency (ANH). Its board of directors is reviewing the plan.
The Colombian State Council found that the firm Gran Tierra Energy Colombia (TSX: GTE) has failed to meet the terms of a contract with Ecopetrol (NYSE:EC) and therefore owes the state oil firm CoP$6.2B (US$2M).
The Minister of Mines and Energy Tomás González led a string of visits and inaugurations which highlighted royalty funded projects in a “Royalty Marathon”, while President Juan Manuel Santos addressed the press and said that royalties are no longer a synonym for corruption.
The director of the Energy and Gas Regulation Commission (CREG) Jorge Pinto Nolla defended the regulatory structure around the natural gas industry in an interview, and said that consumers will not suffer price hikes in their energy bill, nor will the industry be left without the essential fuel.
The Minister of Mines and Energy Tomas González and business representatives grouped under the National Business Owners Association (ANDI) in the Caribbean coast have agreed to review the formula and increase in natural gas rates that had been planned for November 30, 2015. It is not the first time that MinMinas has balked on price adjustments due to political outcry.
In an effort to bridge the gap between communities in oil producing regions, the industry and the national government, the National Hydrocarbons Agency (ANH) held a special event called the Knowledge Fair for the Hydrocarbons Territorial Strategy (ETH).
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