Following up on a pilot program to subsidies the purchase of gas in cylinder the Ministry of Mines and Energy (MinMinas) says that the subsidies are ready to be claimed by for those who have qualified for the program in select municipalities.
The Ministry of Mines and Energy (MinMinas) issued a policy statement in which it has promised technical and procedural details on how it will regulate the exploration and production of unconventional resources over the next six months.
MinMinas released December crude oil production and natural gas consumption figures which allowed the quarterly and annual results to be calculated.
A Casanare land owner is accusing Lewis Energy Colombia of working outside the bounds of its environmental license, which she says has affected a local river and flooded her land, and that the company has also been under reporting its production, while one report suggests the dispute is about compensation for production rights on her land.
The National Hydrocarbons Agency (ANH) has unveiled some of the specifics for the 2014 Colombia round production block auction, from which it hopes to attract over US$2.6B by assigning 112 blocks.
The National Hydrocarbons Agency (ANH) has released three key documents that will establish the regulatory structure to be used for unconventional E&P, and will accept comments from third parties this week.
The Colombian Petroleum Association (ACP) says growth next year will only be 2.3% which means a projection of 1.03mmbd versus the expected result for this year of 1.006mmbd. The graph shows this means fairly flat growth.
Looking to brush off concerns that the recent vote against oil production in the Tauramena Municipality, The Minister of Mines and Energy (MinMinas), Amylkar Acosta said that the government has been meeting with local authorities and there are already laws on the book that adequately address the protection of water resources.
The Municipality of Tauramena, Casanare held its public referendum on Sunday, December 15th and those who came out voted a sounding no, although the total turnout amounted to just over 34% of the population, narrowly passing the 33% turnout needed for the vote to be valid.
The government engaged a multi-pronged push back against a public referendum that looks to reject oil production near municipal water sources in Tauramena, Casanare which included ministers and Ecopetrol’s (NYSE:EC) president Javier Gutiérrez.