News and AnalysIs for

The country’s Green Growth Commission, headed by economist Hernando José Gómez, announced its goals to achieve a ‘green economy’ in 2030.

Colombia will elect a new president among the candidates Iván Duque and Gustavo Petro next Sunday and their proposals for the oil and mining sectors are polar opposites. The newspaper El Tiempo made a summary of the proposals and the positions of both candidates on these issues.

The guerrilla announced a ceasefire for the second round of presidential elections, and authorities spoke about their military achievements against FARC dissidents. The development of these and other stories in our periodic Security summary.

Naturgas analyzed the production forecasts for 2018-2027 published by the Ministry of Mines and Energy (MinMinas). Orlando Cabrales, President of Naturgas, spoke about the sector’s future and the results of this analysis.

Colombian economic thinktank, Fedesarrollo, recent published a slide deck with a strong condemnation of the way prior consultation takes place. It calls for normalization of procedures and clarification of responsibilities between different levels of government.

The Ministry of Mines and Energy (MinMinas) spoke about an issue that is not often discussed: gender equality in the industry.

The companies spoke about successful projects that have benefited communities in the departments of Huila, Arauca and Casanare, among others. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Colombia’s Central Bank (Banrep) released 1Q18 Foreign Direct Investment (FDI) figures for the country. This increased in the sector compared to same period last year, but dropped compared to 4Q17. Total FDI decreased in Colombia.

The Colombian oil and gas sector is no stranger to ‘fake news’, especially when it comes to fracking. The ANH decided to reply to one of the most persistent stories.

Colombia wants to take advantage of the Magdalena River’s potential, especially in the transport sector. Authorities have started to promote the development of this important river, but some associations are showing their concerns about the slow progress.