The Ministry of Mines and Energy (MinMinas) has received a US$30M loan to improve its management of the sector, royalty control and the information available on the country’s subsoil, while the Finance Ministry received another loan to improve the Controller’s role in Colombia.
The Energy and Gas Regulation Commission (CREG) is charged with regulating the industries with the closest impact on the average consumer, electricity and natural gas, and the markets which supply these services.
No we are not going to give the inside scoop on who is buying whom. If we had that information (reliably) we would not be publishing a newsletter.
Guerrilla-initiated incidents maintained last week’s level (although two were away from oil and gas infrastructure) but the Armed Forces increased their activities in 50%, stepping up the intensity between them and the ELN.
The USO said that it has aligned with other social and political organizations for a “Grand National Civic Strike” on March 17.
Development wells may be dropping but large companies with mature fields are turning to ‘intelligent wells’ to maintain production and reserves.
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