The National Federation of Palm Oil Producers (Fedepalma) says the government is not keeping promises it has made regarding the use of biofuels, in particular biodiesel.
It is a stereotype that rolls easily off the tongue: the Colombian royalty rate is 20%. Data from 1Q13 shown above shows that it is not. The bars represent the average royalty rate for the top producing departments (excluding X Factors paid on E&P contracts) and the figures displayed on the bars themselves is average daily production in thousands of barrels per day.
Ecopetrol will hold environmental workshops with communities that fall in the area of influence of the ODISEA 3D seismic exploration project and the company insists that there are no environmental consequences as a result of the exploration.
Colombia’s national government will look to improve the efficiency of logistics and transportation by “rehabilitating” its rail infrastructure through stimulus packages that encourage investments in trains in the center of the country.
The National Hydrocarbons Agency (ANH) is preparing a campaign to push through regulations that would allow exploration for unconventional reserves in areas that have already received approval for conventional extraction.
Poor visibility appears to be the cause of a tanker-trucker accident that led to a spill of crude near the banks of the Cusiana River. GeoPark, the producer who extracted the crude, says it had no responsibility in the matter but has acted to mitigate any environmental damage or impact.
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