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.
Colombian President Juan Manuel Santos said the military will operate at its full might to find the Farc guerrillas responsible for an attack on military forces patrolling construction of the Bicentennial Pipeline, which killed 15 soldiers.
Pacific Rubiales has come across the remains of an indigenous group that date back 700 years in what now is an exploratory block.
After years of tracking very closely together, Brent separated from WTI in late 2010 and at one point in 2011, was nearly US$30. Last week the gap closed.
The count dropped again to 22 below recent and long-term averages. This was an above average week for non-armed forces reported/guerrilla-initiated incidents. Our 4-week Moving Average incident count was down to 22.8 incidents (down for the ninth straight week) but the 52 week average was essentially stable at 38.8 incidents per week.
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