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This is the year of gas: Minister of Mines and Energy

Bottom Line: MinMinas “propaganda” to encourage vehicle conversion to gas.

Friday, July 6th, 2012
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Government adjusts framework oil contracts for 2012 Round

Bottom Line: The changes are logical, permitting a company to take advantage of conventional opportunities discovered in a unconventional block and vice versa, obviously with some adjustments in the case where the cheaper and less stringent unconventional blocks.

Friday, July 6th, 2012
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Minister of Mines condemns attack on oil well in Putumayo

Bottom Line: Expressions of outrage over the killing of five Ecopetrol contractors at the hands of the Farc.

Friday, July 6th, 2012
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Minminas will file the new Mining Code next week

Bottom Line: The indigenous community consultation phase for the new Mining Code will start next week.

Friday, July 6th, 2012
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Venezuela’s proposed oil prices would be favorable for Colombia

Bottom Line: Venezuela proposes maintaining prices between US$80 and US$120/barrel. Colombia agrees. The question of course is whether the price can be controlled in the face of demand-side uncertainty.

Friday, July 6th, 2012
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Farc attack leaves five dead in Putumayo

July 4, 2012 The  Colombian press has widely reported the death of five Ecopetrol maintenance sub-contractors in a bombing.

Friday, July 6th, 2012
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