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Peace Process: Peace bill passes first debate, tensions rise

The legislative bill containing the constitutional reforms to facilitate the Havana agreements on peace passed their first debate in one session, but its main critics in the Centro Democrático party abstained, leading to confrontations with supporters of the bill.

Thursday, October 8th, 2015
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How fast did companies react to the price downturn?

How fast did companies react to the price downturn?

The Baker Hughes US rig count is more than ten times higher than the Colombian count so we indexed the month-end counts to see trajectories and measure speed of reaction to the dramatic decline in crude oil prices since last June 2014.

Wednesday, October 7th, 2015
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June Farc OTA attack worst in Colombia’s history

The attack on the Transandino Pipeline (OTA) in June of this year has been labeled the worst in Colombia’s history due to the extensive environmental damage which occurred from the spilled oil. Four months on, the initial emergency measures are just now being concluded.

Wednesday, October 7th, 2015
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Senate commission debates industry road obligations

The Senate’s Sixth Commission held a debate on the legal framework for oil companies regarding roads, and said that the current laws for rural backroads are not doing enough to serve the community in producing regions.

Wednesday, October 7th, 2015
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Royalties Summary: Cienaga municipality addresses Comptroller findings

A Cienega municipality administrator says Comptroller findings reflect administrative errors not funds misuse, meanwhile The Ministry of Mines and Energy (MinMinas) is allocating CoP$9B (US$3M) to incentivize production. These and other stories in our periodic roundup.

Wednesday, October 7th, 2015
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Environmental Summary: Oil spill drills improve contingency plans

Oil-spill drills were carried out in Yopal and in Ecuador, meanwhile an actual oil spill and fire occurred after a tanker truck went off the road in Aguazul. These and other environmental stories in our periodic summary.

Tuesday, October 6th, 2015
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