Ecopetrol (NYSE:EC) and Oxy (NYSE:OXY) have reached an agreement to apply an injection technology that they say will render 200 million additional barrels from the aging Teca-Corcorná field.
Ecopetrol (NYSE:EC) published a summary of advances made following an agreement with the U’WA community that allowed it to access the damaged Coveñas/Caño Limón pipeline in May. The NOC says it has kept up its part of the bargain but indigenous leaders still oppose exploration activities in the area.
The USO urged workers to not be tempted into the feeling of comfort and bliss following Colombia’s historical advance in the FIFA World Cup, reminding affiliates that Ecopetrol (NYSE:EC) has yet to withdraw its list of demands.
Based on numbers from 2011, the hydrocarbons industry produced more than 92,000 tons of toxic waste, which represents some 43.5% of all toxic waste produced in the country, according to a report from waste management firm Tecniamsa.
With a sudden surge in guerrilla-initiated activity in the Llanos, security incidents near oil and gas infrastructure went up to 31 this week, below recent and long-term averages.
Government officials are meeting in the President’s office to form a new strategy to confront the problems that are cutting into average crude production figures, meanwhile the value of government bonds has already taken a dive as a result.
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