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.
The National Hydrocarbons Agency (ANH) held its account rendering session for the first half of 2016, and highlighted its efforts to mitigate the adverse effects of the fall in oil prices and the challenges left for the rest of the year.
A recent report from the National Planning Department (DNP) found that there are 122 royalty funded projects worth around CoP$1T (US$324M) which are in a “critical state of execution” and suffering from delays and management problems.
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