Senator Maritza Martínez promised to work with the central government and ensure that producing regions receive more royalty resources, as their share is lower than non-producing regions in the biannual budget.
It has been over a year and four months since a Farc attack on the Transandino Pipeline spilled more than 410,000 gallons of oil into the bay of Tumaco in Nariño, and now residents accuse the government of doing little to remedy their situation. This and other environmental stories in our periodic summary.
Pacific Energy (TSX:PEN) made a blockbuster announcement with the closure of its restructuring led by Catalyst, returning to the TSX and changing both the Board and executive suite.
From a security perspective, October was essentially the same as September. Better, actually, in terms of total counts but that was only because the Armed Forces recorded 2 fewer incidents.
In order to evaluate the size of the discovery made at its offshore Kronos-1 well, Anadarko (NYSE:APC) will start drilling its Purple Angel-1 well at the end of December.
Repsol’s (MSE:REP) Colombian director Gabino Lalinde talked about the company’s consolidation following its acquisition of Talisman last year, and said that it aims to grow its production in Colombia by 57% over five years to reach 40,000boed.
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