Since so much of the oil / gas and mining investment in Colombia is by Canadian companies, speaking to the Canada Colombia Chamber of Commerce is a good way to talk to the extractive sector in one session.
A few weeks ago, we reported the latest results from the National Hydrocarbons Agency (ANH) Territorial Strategy initiative: a series of four academic studies sponsored by the United Nations Development Program (UNDP).
The president (acting) of the National Hydrocarbons Agency (ANH) Orlando Velandia participated in a forum in the Senate to discuss an energy agreement “The International Energy Charter”, of which Colombia forms a part. He also talked about the importance of supporting the hydrocarbons industry.
The USO has been leading a protest and demanding access to the Puerto Cayao (Cartagena) regasification plant, accusing its operator of not recognizing the union and blocking the entry of union leaders.
Two of the largest Colombian workers’ unions have called on the government to take immediate action to stimulate oil activity and counter a near stagnation in exploration activities.
Gran Tierra (TSX:GTE) second quarter 2016 production held, and the firm said that it has deferred planned workovers to the second half, and expects improvements in the oil price to continue. The second half will also include contributions from the recent acquisition of PetroLatina.