September 7, 2012 GeoPark an AIM-listed company with assets in Colombia, Chile and Argentina announced the closing of a US$37.5M loan from Banco Itau — Nassau branch.
September 6, 2012 The Mining Association of Canada issued a press release describing the signature of an MOU to improve the transparencey of company payments to governments.
September 5, 2012 This is part of a larger regionalization / de-centralization project by the ANLA. We discussed it originally here.
September 6, 2012 From an Ecopetrol Press Release Ecopetrol reports finding 24 degree API crude in the Aullador-I exploratory well located in Santander province, 27 kilometers from the municipality of Sabana de Torres.
September 4, 2012 La Cortez announced the transfer of its 50% interest in Putumayo-4 to its partner Petronorte, the Colombian subsidiary of Petrolatina.
The recent cabinet shuffle changed six posts – Finance, Health, Interior, Transport, Mines and Energy and Environment. Finance and Health have only an indirect impact on the hydrocarbons industry, much as they might have on any industry. The new occupants of the remaining portfolios will impact the sector for at least the next few years.
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