The Center for Economic Development Studies (CEDE) explained why Colombia’s internal conflict reduced the tax collection of municipalities and rural areas.
To say the very least, this year did not develop as expected. Some aspects will pass, as a famous Doonesbury cartoon about the 1970s reminded us, and sometime this year or next we will feel more ‘normal’. Others are here to stay. Not all the members of either category are still clear.
Located in the Eastern Planes, CPO-5 could become the new benchmark for hydrocarbon operations in the country, increasing Colombia’s crude reserves.
The Mining and Energy Planning Unit (UPME) resolved existing doubts about the Pacific regasification plant.
The Colombian Association of Petroleum Engineers (Acipet) spoke about the letter that 50 Congressmen sent to the President, asking to halt contracting processes for the development of fracking pilot projects (PPII).
Ramiro Guerrero, Dean of economics at the Icesi University, spoke about where is Colombia’s economy today, and how far is it from returning to ‘pre-Covid-19’ levels.
Gran Tierra Energy (NYSE: GTE) announced its 2021 capital budget and production guidance.
Ecopetrol (NYSE:EC) reported on its local contracting and investment figures in the regions for the January – October 2020 period.
These are Bain & Company’s forecasts for the autonomous and electric vehicle market for 2025 and 2040.
The Minister of Mines and Energy (MinEnergia), Diego Mesa, explained how royalties’ resources will help different departments of the country start their economic reactivation process. These and other stories in our periodic Royalties summary.