Community buildings and common grounds were inaugurated in Pore with an investment from Parex Resources (TSE:PXT) and Geopark (NYSE:GPRK), while Ecopetrol invests in a production project and computer equipment in Castilla la Nueva. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.
Three years after its spin-off from Ecopetrol (NYSE:EC), Cenit’s value and operation has become one of the NOC’s critical assets.
The government will see a dramatic drop of CoP$20T in income coming from the oil industry that will leave a mark on its budget for 2015. This drop represents two thirds of the CoP$30T it received from the oil industry in 2013. This and other stories on the impact of the fall of prices in our periodic summary.
The new president of the National Hydrocarbons Agency (ANH) Mauricio De la Mora gave his most complete interview to date, and said that the agency is planning to adjust its policies based on the current market conditions.
GasThe growing demand for natural gas in Colombia coupled with a fall in reserves will mean significant increases in the price of gas going forward, and the potential need to import the resource, says a report from the Mining Energy Planning Unit (UPME).
Incident counts were up significantly at 33 but this was entirely due to increased Armed Forces activity as the graph shows.
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