The National Hydrocarbons Agency (ANH) has published the draft reference documents and other supporting material for the upcoming Colombia 2014 Round where it looks to assign up to 97 E&P blocks.
Colombia’s Council of State has ruled that a municipal public referendum involving Colombian subsoil exceeds the power of that entity, after Ecopetrol (NYSE:EC) challenged a decision by a Casanare tribunal to accept a referendum from the Monterrey municipality.
The Minister of Environment and Sustainable Development (MinAmbiente) Luz Helena Sarmiento said that environmental issues must be evenly weighed with policies that bring development and economic benefits for Colombia’s poor, but that it cannot do so at any cost.
Venezuela’s Minister of Oil and Mining Rafael Ramírez says he is certain that Venezuela will stop buying natural gas from Colombia in August of this year and is nearly ready to start sending gas to Colombia as had been previously agreed.
Casanare’s environmental management agency Corporinoquia is planning the prior consultation phase to declare a number of micro-basins as protected natural resources due to their role in the supply of water for local communities.
In Huila the issue of oil tankers on the roadways continues to draw the ire of local authorities, some of which have called on the national government to immediately suspend all oil tanker traffic in a meeting with national government officials.
A combination of factors has Colombia set to experience a boom in its proven gas reserves as the government also prioritizes production and consumption of the resource.
The Ministry of Mines and Energy signed a memorandum of understanding with emission reductions organizations, Carbon War Room, during an event in the British Virgin Islands to encourage, implement and strengthen renewable energies in a policy view for the San Andrés Islands.
The mining and energy boom has brought economic benefits says Senator Jose Name, who also charges that the industry has destabilized the Colombian peso, wrecked local agriculture and carries grave social and environmental risks.
The National Environmental Licensing Authority (ANLA) has issued a decree that simplifies the requirements needed to gather specimens needed for environmental permitting and licenses, a step in the process whose catch-22 has dogged the environmental process for hydrocarbon companies.
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