Authorities confirmed that thanks to the General System of Royalties (SGR), the regions were able to receive important resources to develop social investment projects. These and other stories in our periodic Royalties summary.
The Ministry of Mines and Energy (MinMinas) announced a new increase in fuel prices for February 2019. The Colombian Federation of Cargo and Logistics Transporters (Colfecar), commented on this measure.
The Colombian Association of Petroleum Engineers (Acipet) reported that the current president of its Board of Directors, engineer Julio César Vera, is stepping down.
The National Environmental Licenses Agency (ANLA) announced progress in the risk management plan of the Caño Limon-Coveñas pipeline (CCL). The entity pointed out that local authorities are helping in this process.
The Union spoke about the importance of the industry in Colombia, and how transitioning into a cleaner energy matrix should be done in a responsible way.
Our tracking of terrorism / security incidents has changed since the Farc disarmed in 2017, both in conceptual terms and methodological ones. Based on the latest data, the trend is not good.
Slowly but surely, Infrastructure for Taxes has been positioning itself as one of the industry’s main opportunities to positively impact Colombia’s rural areas. Politicians highlighted the development of its first project from the oil and gas industry using this program. Our Bottom-Line returns to the theme of local and elite communications as it applies here.
Gran Tierra Energy (TSX: GTE) announced its 2018 year-end estimated reserves as evaluated by McDaniel & Associates Consultans Ltd. The firm reported its estimated prospective resources as well. GTE production increased in Colombia.
The Ministry of Mines and Energy (MinMinas) published the list of Producer Prices for different type of fuels for January 2018. Here are the details.
The government of Iván Duque has increased expenditures but committed to cut taxes. This situation has spurred the search for financing sources and Ecopetrol (NYSE: EC) can play a key role.
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