It has now been three months since Mauricio de la Mora stepped down as the president of the National Hydrocarbons Agency (ANH), complicating any effort by the government to strengthen the oil industry, but the government does not seem in a hurry to replace him.
Following accusations from the retail fuel station association Fendipetróleo that Terpel is taking advantage of its status as a wholesaler and retailer of fuel to crush small businesses with an unfair advantage and low prices, the firm’s president Sylvia Escovar responded.
Tomás González left his MinMinas post in March and April’s gasoline price announcement was delayed by several weeks. May’s was on time but in June prices were frozen until further notice. Now it appears if July’s are as well.
Meta’s capital Villavicencio has seen an increase in unemployment due to the cutbacks in the oil industry, although the city has also seen a social housing boom in the last year. Mayor Wilmar Barbosa is concerned this trend could also be affected.
The Minister of Mines and Energy (MinMinas) Germán Arce attended the official handover of the Rubiales field and said that the field was never really under any ownership other than the Colombian public, and its resources are needed for the post conflict transition.
Public rejection of an environmental license for production near “the world’s most beautiful river”, Caño Cristales, might have led the revoked license of Hupecol, but the uncertainty is much bigger, considering how many more projects are in the same area.
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