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Regulations & Policy

Government looks to promote deep water drilling

As part of the Colombia Round 2014, the government wants to see greater activity in off shore deep water drilling, and the issue is one of the main objectives of the National Hydrocarbons Agency (ANH) for the upcoming bidding.

Thursday, February 6th, 2014
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Colombia 2014 Round will include 97 blocks

The Colombia 2014 Round is advancing and the government is finishing the offer that it will take to the market, which includes 97 blocks that the National Hydrocarbons Agency (ANH) and Ministry of Mines and Energy (MinMinas) will be put onto the auction block.

Wednesday, February 5th, 2014
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Comptroller turns focus to Reficar

Colombia’s comptroller Sandra Morelli was back making rounds with radio stations this week while visiting Cartagena, criticizing what she says is the “poor planning” which has dogged the Cartagena Refinery (Reficar) project.

Wednesday, February 5th, 2014
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Casanare reviewing JAC internal working regulations, increasing oversight

The Casanare Department has issued a resolution that will repeal the legality of internal community action committee (JAC) regulations and increase oversight over the entities after detecting a series of irregularities in how they operate.

Tuesday, February 4th, 2014
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Water at the center of anti-oil march set for Feb. 20

Community leaders from 22 municipalities in four departments will participate in a march on February 20th, 2014 in Meta capital of Villavicencio that will reject any oil production or exploration activities near the local water sources as the anti-oil sentiment in the region’s communities grows.

Tuesday, February 4th, 2014
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MinMinas turns to propane for energy growth

The Ministry of Mines and Energy (MinMinas) says it is looking to expand the access and reach of propane in energy generation and use it in areas that farther off the formal energy grid.

Monday, February 3rd, 2014
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Decisions on Rubiales field could be coming soon

This Friday, January 31 Pacific Rubiales (TSX:PRE) and Ecopetrol (NYSE:EC) will meet to review the future of the production contract on the Rubiales field, which is set to expire in May 2016 and has been a lightning rod for political grandstanding in the last few months.

Thursday, January 30th, 2014
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Oil producing regions to receive more direct royalties

Oil producing regions to receive more direct royalties

The National Hydrocarbons Agency (ANH) has issued a resolution that will alter the distribution of royalties so that oil producing receiving regions will receive a greater amount for royalties generated towards the end of the prior, direct payment system.

Thursday, January 30th, 2014
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Authorities propose rerouting Rubiales truck traffic

A proposal from the National Infrastructure Agency (ANI) to route tanker-trucks carrying crude from the Rubiales fields through the municipalities of Maní and Aguazul has a number of local officials in arms over the possible ramification of the increased tanker traffic.

Tuesday, January 28th, 2014
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Peace Process week of January 20: A US$7.3M price tag for the process

To date the government’s Special Programs for Peace Fund of the executive branch has spent CoP$14.5B (US$7.3) on facilitating the necessary conditions for the peace process in Havana, Cuba.

Thursday, January 23rd, 2014
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