Rising violence in Colombia is once again threatening the stability of its business environment, reminiscent of the turmoil experienced in the 1990s. Armed conflict, extortion, and infrastructure attacks are putting corporate operations at risk and forcing companies to reassess their presence in key regions of the country.
A wave of violent incidents in the Quifa oil field, located in Puerto Triunfo, Meta, sparked alarm across Colombia’s energy sector.
The Colombian oil and gas industry is sounding the alarm over a sharp escalation in violent attacks targeting critical energy infrastructure.
The Colombian Petroleum and Gas Association (ACP) strongly condemned the violent incidents that occurred yesterday at the Quifa oil field, located in the Puerto Triunfo area of Puerto Gaitán, Meta.
Canacol Energy (TSX: CNE) and its subsidiaries have publicly denounced blockades and acts of vandalism that continue to disrupt the development of their Sucre Norte natural gas project, located in the municipality of San Marcos, Sucre.
In recent months, Colombia’s oil and gas sector faced escalating social unrest and blockades that are severely disrupting operations and threatening the stability of one of the country’s most important industries.
The Colombian National Army uncovered a new strategy by the ELN guerrilla group aimed at sabotaging vital oil infrastructure in the department of Arauca.
Cenit, a subsidiary of Grupo Ecopetrol, activated its Emergency and Contingency Plan (PEC) following a loss of containment on the Coveñas Caño Limón (CCL) oil pipeline.
In a move aimed at disrupting the fuel supply chains of organized crime, the Colombian government activated a new strategy to control the illegal use of hydrocarbons, which are often diverted to support activities such as drug trafficking and illegal mining.
Canacol Energy (TSX: CNE) reported that its operations at the Sucre Norte project, located in the municipality of San Marcos in the department of Sucre, Colombia, have been seriously disrupted due to an illegal blockade.
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