Despite assurances that Reficar is now “practically” online, refining volume dropped at the NOC’s flagship facility for the second straight quarter.
ProductionEcopetrol’s (NYSE: EC) export distribution is changing, but the United States remains as main destination of Colombian crude.
To participate, companies must register in a single database and update their information every year.
Juan Manuel Santos, President of Colombia, proposed to approve projects financed with royalties through fast track. He said thisat the Mayors’ Summit in Valledupar and there are advances onthe initiative.
This week, national authorities reported successful operationsto fight Colombia’s illegal fuel market. Initiativesin the departments of Norte de Santander, Bolívar and Huila, led to de confiscation of more than 26,000 gallons of stolen fuel. The development of these and other stories in our periodic Security Summary.
Popular referendums have grown exponentially in recent years in Colombia. Several municipalities plan to hold consultations to ban mining or oil activities in their territories.
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