Colombian President Gustavo Petro s decision to end new oil and gas exploration raises concerns over the country s future energy independence and economic stability.
Colombia's government is preparing to help energy companies revive at least 21 suspended oil and gas contracts with a $38 million initiative aimed at solving security and community relations problems, the National Hydrocarbons Agency (ANH) told Reuters.
Colombia's majority state-owned oil company Ecopetrol on Friday said that a water injection system at its La Cira Infantas oil field was bombed and damaged.
Ecopetrol did not attribute the attack to a specific group. Historically, Colombia's oil and energy infrastructure has been attacked by leftist guerrillas, mainly the National Liberation Army (ELN), which is currently holding peace talks with the government.
The social license for Colombia’s oil industry is crumbling after decades of violence, environmental damage and disregard for the well-being of local communities
Colombia's majority state-owned oil company Ecopetrol on Friday reported an attack against a pipeline used to transport crude from the La Cira Infantas oil field to the Andean country's most important refinery, located in the city of Barrancabermeja.