The National Agency of Environmental Licenses (ANLA) suspended some of the procedures around the La Lizama Well, as a precautionary measure until it has enough technical analysis to determine the absence of potential risks.
Through a resolution, indigenous communities from Sucre declared USO members ‘persona non grata’ in their territories, arguing that they are sabotaging negotiations with oil companies.
Normally, the catch-phrase “Quiet. Too quiet” is a foreboding of something bad about to occur. But now it looks like this quiet security period will extend a long time, maybe as the ‘new normal’. Originally, we published this report weekly. Then we dropped to monthly and then quarterly, then only when there was something interesting to say. This quarterly article shows very little has changed or is likely to change. For that reason, we have decided that this is our last report.
Collaborator Tomás de la Calle volunteered to go to Cartagena for the annual natural gas sector conference. Here is his report on the event and, as an extra bonus, his opinion about the UPME’s second re-gasification plant project and stimulating domestic exploration and production.
The oil spill in La Fortuna in the department of Barrancabermeja generated a lot of controversy and debate in the Colombian media. Felipe Bayón, CEO of Ecopetrol (NYSE: ECP) spoke about this situation in an interview.
With more stable oil prices, some Latin American countries decided to auction blocks and boost industry activities in their territories. Colombia announced its strategy to compete against heavyweights like Mexico, Brazil and Argentina.
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