The Colombian Association of Petroleum Engineers (Acipet) said that the Minister of Environment (MinAmbiente) Luis Gilberto Murillo, lacks information and sense of opportunity after saying that Colombia is not ready to develop fracking.
The National Environmental Licensing Authority (ANLA) participated in a forum to discuss the Valuation of Environmental Services, and oil spills were reported in different oil producing regions. The development of these and more stories in our periodic Eco summary.
The hopes of the Colombian government are in offshore projects to guarantee the country’ self-sufficiency. Juan Manuel Santos, President of Colombia, spoke about the level of offshore investments in Colombia.
The boom of anti-oil and mining referendums has created a lot of legal uncertainty in Colombia. The government aims to regulate this mechanism, but several associations have come out against this intention.
The Canadian Chamber of Commerce together with Norton Rose Fulbright, hosted an event to discuss the industry’s situation in the world and the impact of Agreement 02 in Colombia. National Hydrocarbons Agency (ANH), Canacol (TSX: CNE) and Parex (TSE: PXT) representatives attended the event.