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Flexibility is not weakness, says ANH head

The president of the National Hydrocarbons Agency (ANH) Mauricio de la Mora reiterated the entity’s quest to create a flexible regulatory scheme for companies to complete their obligations and contracts, but said that this does not mean that the regulator will lose its teeth, and will root out those companies that do not meet their obligations.

Thursday, October 15th, 2015
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Peace Process: Joint Farc/Gov justice commission formed

After an exchange last week between government and Farc negotiators on the supposed reaches of transitional justice, the two have agreed to form a special commission to work out the differences.

Thursday, October 15th, 2015
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What is the Santos government’s oil policy?

What is the Santos government’s oil policy?

Those of us who grew up in Anglo-Saxon political systems with their long tradition of cabinet solidarity were no doubt shocked by Colombian Vice President German Vargas Lleras’ speech to the industry at the Colombian Petroleum Association’s 50th anniversary conference. In closing, he launched a virulent attack on his cabinet colleagues for not doing enough to maintain government revenues from the sector. The targets of his ire, MinMinas González and MinHacienda Cárdenas spoke later that morning.

Thursday, October 15th, 2015
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Naturgas expects gas production to grow in 1Q16

Naturgas expects gas production to grow in 1Q16

GasThe Natural Gas Association (Naturgas) president Eduardo Pizano says that the organization expects new gas production to come online in the first quarter of 2016, with an additional 130mmcfd due to developments from a handful of companies.

Wednesday, October 14th, 2015
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Environmental Summary: Community protests Muérgana Sur drilling

Brito Alto communities in Casanare protest Muérgana Sur drilling, meanwhile Ecopetrol’s Castilla Field workers support a caimán rescue. These and other environmental stories in our periodic summary.

Wednesday, October 14th, 2015
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Despite interest, no Brazil bid from ECP

Ecopetrol (NYSE:EC) has been emphasizing its opportunities outside of Colombia and the president of its Brazilian unit, Joao Guilherme Clark said just ahead of the block auction last week it was interested in growing its participation in E&P blocks, but in the end made no bid to do so.

Wednesday, October 14th, 2015
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