• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Does Toyota Know Something That We Don’t?
  • 6 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 3 days World could get rid of Putin and Russia but nobody is bold enough
  • 2 days America should go after China but it should be done in a wise way.
  • 6 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 5 days China is using Chinese Names of Cities on their Border with Russia.
  • 6 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 5 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 6 days Putin and Xi Bet on the Global South
  • 6 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 7 days United States LNG Exports Reach Third Place
  • 7 days Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 11 days huge-deposit-of-natural-hydrogen-gas-detected-deep-in-albanian-mine
Editorial Dept

Editorial Dept

More Info

COLOMBIA: Oil Pipelines Remain Constant Rebel Target

Bottom Line: Despite news of significant progress in peace talks between the government of Colombia and the rebel group FARC, guerrillas in the north and south of Colombia remain active. In the past two weeks, at least 18 members of the Colombian military were killed in conflicts with the FARC or ELN, belying the success of the peace negotiations. During the same period, numerous FARC attacks on oil pipelines caused major disruptions for Petronorte and Ecopetrol.

Analysis: Eight sequential blasts tore apart a pipeline belonging to Petronorte in the department of Norte de Santander on 20 May. The explosions were allegedly the FARC’s response to fatalities suffered in an armed confrontation with the Colombian Army in Norte de Santander. The blasts caused the shutdown of the pipeline at an estimated cost of $263,000, and a call for government assistance in mitigating the environmental damage, including oil potentially spilling into the Catatumbo River. Separately, attacks on Ecopetrol’s Caño Limón-Coveñas pipeline (also in Norte de Santander) and San Miguel-Orito pipeline (in Putumayo) caused their shutdown. The bomb in Putumayo caused a fire which lead to the hospitalization of one local resident. In a late May interview with a major Colombian newspaper, ELN rebel leaders affirmed their commitment to targeting the oil industry in particular because of their dissatisfaction with multinational operations in Colombia. So far in 2013, there…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News