After the January 4 attack on the Coveñas-Cano Limón pipeline in the Arauca department, Ecopetrol began manual oil extraction in the Arauca River. According to the company about 150 people are working on decontamination. Edward Portillo, departmental coordinator of the committee on risk management, told Caracol Radio “the extraction is with buckets and cans, and then Ecopetrol collects the crude and burns it”.
Incidents were up slightly again this week but well within recent variation. Our 4-week Moving Average has dropped continuously since the week of October 20th, except for a small blip the week of December 1st. It now sits at 24 incidents per week down from a peak of 58 back in October.
Ecopetrol – the state-owned oil company and the only company with significant R&D investment, receives five new patents. From an Ecopetrol press release, translated and with commentary by Hydrocarbons Colombia.
According to a Central Bank report, the the oil, mining and quarrying sector accounted for over half of Foreign Direct Investment (FDI) in Colombia between January and September 2012. The commerce and hotels sector accounted for 9% while transport and communications accounted for 10% of FDI. The FDI for electricity, gas and water was 5% and 10% for manufacturing. Meanwhile, other sectors contributed 12% of the FDI.
For at least one day in 2012, the country achieved the goal of 1Mbd. From a MinMinas press release, translated and with comments
As a result of heavy rains, part of a pipeline near the village of Dosquebradas, collapsed, broke open causing a fire that killed several people and injured more. On about the one-year anniversary, Ecopetrol has issued a press release. Translated and with commentary by Hydrocarbons Colombia.
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