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Regulations & Policy

Group calls for moratorium on fracking

A group of environmentalists have delivered a letter to authorities calling for a moratorium on fracking in Colombia until more studies can be performed on its impact on the environment.

Wednesday, September 17th, 2014
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Betancourt: country needs unconventional oil

The president of the National Hydrocarbons Agency Javier Betancourt Valle defended the process thus far for regulating unconventional oil production, which provides an important potential for new discoveries. He said no fracking would occur for three years, and was surprised by how quick the controversy arose.

Wednesday, September 17th, 2014
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Promigas: Delay in gas distribution regulations delayed US$600M in investments

Delays in renovating the regulation of rates to transport natural gas has meant US$600M in investments have been delayed while the industry awaited more details over the course of the last five years, says the president of natural gas producer Promigas Antonio Celia Martínez.

Tuesday, September 16th, 2014
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Senator says a conspiracy exists against Barrancabermeja

Senator Jorge Robledo, a vocal critic of the oil industry, has warned that there could be a possible conspiracy of fuel importers and multinational firms that want to keep the Barrancabermeja Refinery from being modernized.

Tuesday, September 16th, 2014
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Contradicting colleagues, housing minister voices concerns on fracking

While officials from the Ministry of Mines and Energy (MiMinas) have started making the rounds to defend the regulatory framework and requirements for companies to use fracking techniques, the Minister of Housing Luis Felipe Henao has said he is concerned about the practice due to its potential impact on water sources.

Monday, September 15th, 2014
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MinAmbiente talks priorities, no mention of licenses

The new Minister of Environment and Sustainable Development (MinAmbiente) Gabriel Vallejo has made his first public addresses to the congress and the national park service, giving the first glimpse into the authority’s priorities under his watch. Bottlenecks in environmental licensing were not mentioned.

Thursday, September 11th, 2014
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MinMinas defends fracking, says tough norms in place

A rigorous regulatory framework proceeded the approval of fracking techniques says the Minister of Mines and Energy Tomás González (MinMinas) who looks to counter critics which have filled the media over the last two weeks.

Wednesday, September 10th, 2014
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Controller’s office warns on fracking

The General Controller’s office has gone through a roller coaster ride over the last week, but made sure to remind the government on the risks of oil production that utilizes fracking, due to its potential environmental impact.

Tuesday, September 9th, 2014
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Rubiales decision now expected mid-2015

A decision on whether or not Ecopetrol will take over the production contract of the Rubiales field will not be made until the middle of 2015, and the president of Ecopetrol Javier Gutiérrez has told the Senate that the NOC is capable of operating the field on its own.

Tuesday, September 9th, 2014
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Congressman: First we lost the royalties, now comes fracking

Casanare congressional representative Jorge Abril Tarache addressed a congressional session and rejected the use of fracking techniques in Casanare, which he says has suffered the environmental impact of the oil industry, as well as the loss of royalties, damage by tanker trucks and more.

Tuesday, September 9th, 2014
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