Counts were down to 32 below recent and long-term averages. This was an above average week for guerrilla-initiated incidents and there were some very serious events that were outside our definition of hydrocarbons-related. Our 4-week Moving Average incident count was down slightly to 36.3 incidents and the 52 week average was up slightly 37.8 incidents per week.
Ecopetrol and community leaders of municipalities surrounding the Cupiagua oil field have signed an agreement establishing the oil producer’s commitments with the local community.
The peace process in Colombia awaits a crucial date on Saturday, May 25, when the 9th round of peace talks is scheduled to draw to a close, and according to local paper El Tiempo the issue of land rights should take center stage as a make or break item in the ongoing process. According to the report, a proposed agreement over land rights, and its success or failure, is likely to be revealed this coming Sunday.
The industry has a public image problem so Alejandro Martínez, executive president of the Colombian Petroleum Association wrote an open letter to outline the selling points to the general public as a sector that brings both social and economic growth and plenty of income for the state though taxes.
The peace process in Colombia awaits a crucial date on Saturday, May 25, when the 9th round of peace talks is scheduled to draw to a close, and according to local paper El Tiempo the issue of land rights should take center stage as a make or break item in the ongoing process. According to the report, a proposed agreement over land rights, and its success or failure, is likely to be revealed this coming Sunday.
Colombia’s National Authority of Environmental Licenses (ANLA) expects to have terms of reference for licensing unconventional hydrocarbon projects by November of this year.
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