Puerto Gaitán becomes an unlikely supporter of the General Royalty System (SGR) while Casanare holds an OCAD to approve new royalty projects.
The era of easy discoveries of oil is over declares Colombia’s main business paper, and while offshore and unconventional resources could be the source of the next big find, they bring more challenges and needs more investment.
After weeks of very high guerrilla activity, incidents were up because of Armed Forces actions. The count went up to 40 although the trend line fell.
As part of its plan expand the gas transportation infrastructure available in Colombia, gas distributor TGI, recently acquired by the Energia de Bogota Group, will expand the capacity of its Cusiana-Vasconia pipeline by 20 million cubic feet.
Fresh off an accord with Ecopetrol (NYSE:EC), the USO has now signed another new collective bargaining agreement oil services firm Weatherford (NYSE:WFT).
This month we finish our coverage of the 2014 Round, look at stock prices and offshore exploration, and discuss community-related issues.
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