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Ecopetrol or Montecz have problems in Cumaral

The USO news this week highlighted an ongoing fight about the December 11th death of Milton Rivas, a union leader in Puerto Gaitan. Public officials claim his death was the union’s fault something obviously denied by the leadership. The USO’s president went to Washington to claim Rivas’ death was a result of deteriorating working conditions caused by the Free Trade Agreement with the US, a claim that makes no sense whatsoever considering this is Puerto Gaitan and not Caño Limón.

Monday, February 18th, 2013
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Alliance against poverty in Puerto Lopez

Multiple sources in the Colombian news media reported that Pacific Rubiales has signed an agreement with the National Agency to Overcome Extreme Poverty (ANSPE) and the Puerto Lopez mayor’s office, to help eradicate poverty in this municipality.

Monday, February 18th, 2013
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Pipeline attacks continue

Pipeline attacks continue

Incidents were back down again this week to 43 but there were fresh direct attacks on pipelines. Our 4-week Moving Average was down slightly and it now sits at 52 incidents per week, back where it was in November last year and still down from a peak of 58 back in October.

Sunday, February 17th, 2013
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Hydrocarbons FDI grew in 2012 – ANH expects same level for 2013

As reported by internet news site Vox Populi, Orlando Cabrales, president of the ANH, said that Foreign Direct Investment (FDI) in the sector increased by between 28% and 30% in 2012 compared to 2011 figures. While in 2011 there was FDI of US$5B, in 2012, according to projections by Fedesarrollo and the Central Bank, the FDI was between US$6.4B and US$6.5.

Friday, February 15th, 2013
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Peace talks “progressing well” except at home

The peace talks continue their somewhat strange rhythm with both sides smiling for the cameras and issuing upbeat communiqués but the Farc and the ELN returning to kidnapping and heinous civilian terrorism. The result is a dynamic where the President joins the Defense Minister in denouncing the acts, civil society hardens its views and yet the negotiators continue as if nothing were going on back home that might impact the talks.

Thursday, February 14th, 2013
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Peace worth about 16,000 barrels per day

Peace worth about 16,000 barrels per day

Colombia ran a kind of controlled experiment from the 20th of November to the 20th of January when the Farc observed a unilateral ceasefire. During this time, oil and gas companies were largely free to produce and transport what they wanted, limited only by geology, normal production difficulties like equipment breakdowns, community activism and the National Environmental Licensing Agency (ANLA). These months from November to January were also the three highest production months in the history of Colombia. Was this a glimpse at the peace dividend and if so, we asked, what was it worth?

Thursday, February 14th, 2013
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