A national paper highlighted three examples in Colombia’s Caribbean coast of how hydrocarbons firms are both complying with environmental standards and engaging the community to create successful and positive social and ecological impacts.
Considering the recent findings in 2015 of Kronos-1 and Orca-1, last year, there are great expectations for offshore production, but the president of Schlumberger Surenco, Mauricio Vargas said that seeing production from offshore will take time.
A recent report shows that there has been a 17% reduction in attacks through July of this year, to total 73 acts of aggression against oil infrastructure. The number of blockades has also dropped compared to last year as well.
President Santos claims that the last couple weeks of the peace process has progressed more than in an entire year. “In these two or three weeks much more has been advanced than in the last six months or the past year,” said Santos. Dialogues have focused on justice and the end of the conflict.
A proposed change from the Energy & Gas Regulation Commission (CREG) that looks to facilitate the entry of new energy generators using more hydro, wind or solar power and lower “guarantee charges” has received some praise, while thermal generators say it could impact energy stability.
The sea port of Coveñas has seen an increase in its storage capacity to 1.24mmbl following new tanks installed by Ecopetrol (NYSE:EC) and its transport and logistics firm Cenit. The new tanks will also allow the Coveñas facility to export fuel oil.
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