Juan Gabriel Uribe, standing minister of the Ministry of Environment and Sustainable Development (MinAmbiente) told an environmental forum in Orinoquia that he will introduce a bill to regulate seismic activity for oil production in the area.
The Minister of Mines and Energy Federico Renjifo told bankers at a recent banking convention that growing hydrocarbons production in Colombia requires significant investments in coming years, creating an opportunity for the financial sector.
The director of the ANLA said that plans are on track to have reference terms for the environmental licensing of nonconventional exploration and production by November.
This article is not about Interoil despite the title of the graph. Instead, Interoil’s recent May production announcement brought us to this graph which we thought illustrated perfectly a more universal issue.
Natural gas producer Promigás has been offered up to US$100M in financing from the Interamerican Development Bank to improve its “Brilla” lending program due to its success in helping the bottom of the pyramid.
The Colombian hydrocarbons sector will receive COP10Tr (US$5.26B) in infrastructure investments over the next six years, says the vice minister of energy Orlando Cabrales (formerly the head of the National Hydrocarbons Agency — ANH).
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