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Rubiales decision now expected mid-2015

A decision on whether or not Ecopetrol will take over the production contract of the Rubiales field will not be made until the middle of 2015, and the president of Ecopetrol Javier Gutiérrez has told the Senate that the NOC is capable of operating the field on its own.

Tuesday, September 9th, 2014
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Congressman: First we lost the royalties, now comes fracking

Casanare congressional representative Jorge Abril Tarache addressed a congressional session and rejected the use of fracking techniques in Casanare, which he says has suffered the environmental impact of the oil industry, as well as the loss of royalties, damage by tanker trucks and more.

Tuesday, September 9th, 2014
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Drop marks unusual week for security incidents

Drop marks unusual week for security incidents

The count dropped to 37 this week, below recent but above long-term averages, and took the trend line with it but the distribution of incidents was the most unexpected.

Monday, September 8th, 2014
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Group accuses oil firms of using legal processes to silence critics

Liria Manrique López, a delegate of labor rights NGO Coljusticia claims that oil companies have turned to lawyers and legal processes to counter community and union critics, a practice she says is designed to stamp out opposition to the industry.

Monday, September 8th, 2014
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USO sets sights on Rubiales field

With the Ecopetrol (NYSE:EC) collective bargaining agreement behind it, the USO has reset its sights on its next big political target: revert the Rubiales field back to Ecopetrol, and in turn, back to USO affiliated workers.

Monday, September 8th, 2014
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Bill on royalty reform introduced into congress

Senator Maritza Martínez has presented a legislative bill that would modify the General Royalty System (SGR) kicking off a debate on the original reform of the royalty law, a frequent target of criticisms from producing regions.

Monday, September 8th, 2014
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