• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 17 hours Oil prices going Up? NO!
  • 1 hour Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 8 hours Renewables to generate 50% of worldwide electricity by 2050 (BNEF report)
  • 43 mins The Tony Seba report
  • 46 mins Could Venezuela become a net oil importer?
  • 4 hours Kenya Eyes 200+ Oil Wells
  • 4 hours Are Electric Vehicles Really Better For The Environment?
  • 1 day Oil prices going down
  • 13 hours Saudi Arabia turns to solar
  • 1 day Could oil demand collapse rapidly? Yup, sure could.
  • 2 days Oil Buyers Club
  • 2 days Gazprom Exports to EU Hit Record
  • 1 day China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 2 days Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 1 day Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 4 hours OPEC soap opera daily update
Alt Text

A Long-Term Threat To Colombian Oil

Hours after the ninety-day ceasefire…

Alt Text

Did Venezuela Just Lose A Key Ally?

Venezuela is running out of…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

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…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News