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Is ‘El Niño’ here?

Colombia has a plan to guarantee energy supply amid forecasts of the ‘El Niño’ phenomenon.

 

Wednesday, May 27th, 2020
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May closes with a positive report on Royalties projects

The Ecopetrol Group confirmed that it will develop 13 new projects under the Works for Taxes modality. These and other stories in our periodic Royalties summary.

 

Wednesday, May 27th, 2020
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BanRep’s new forecast

BanRep’s new forecast

Colombia’s Central Bank (BanRep) modified its projections for the national budget, taking into account lower Brent prices.

 

Tuesday, May 26th, 2020
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Petrobras to sell its assets in Colombia

Brazil’s Petrobras (NYSE: PBR) announced negotiations to sell its assets in Colombia.

 

Tuesday, May 26th, 2020
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ANDI talks unemployment

The president of the Colombian Association of Entrepreneurs (ANDI), Bruce Mac Master, catalogued Colombia’s labor panorama as “pessimistic.”

 

Tuesday, May 26th, 2020
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USO talks Decree 568 of 2020

The union has advocated for solidarity towards industry workers in these difficult times, yet sent a statement to the Constitutional Court rejecting the Decree that creates the so-called “Solidarity Tax”.

Tuesday, May 26th, 2020
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Investment still coming despite crisis

Investment still coming despite crisis

Colombia is still an attractive destination for foreign investment, despite falling commodity prices and the Covid-19 crisis.

Monday, May 25th, 2020
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Protests in Middle Magdalena

Communities are protesting at Ecopetrol’s (NYSE:EC) Casabe field, denouncing alleged irregularities in the award of a transportation contract in the departments of Antioquia and Bolivar.

Monday, May 25th, 2020
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USO on public policies

The union spoke about the government’s response to the crisis, calling for “more humane policies.”

Monday, May 25th, 2020
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ELN announces armed strike

The guerrilla announced a six-day armed strike in Southern Bolivar. Here are the details.

Monday, May 25th, 2020
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