Colombia was accepted to join the exclusive Organization of Economic Cooperation and Development (OECD). This means opportunities and obligations for the country with implications for investors.
After a few months of reporting on fuel smuggling and theft, our periodic security report reflects a worsening situation with the ELN and Farc dissidents. But things are still better than they were two years ago.
The Ministry of Mines and Energy (MinMinas) reported gas production figures for April 2018. Gas has been showing a recovery compared to figures of last year.
The Ministry of Environment (MinAmbiente) announced changes to the Manual of Environmental Compensation for large projects. This document is vital for the extractive sector, as it is the guide to compensation in environmental and ecological issues.
The General Maritime Directorate organized a workshop for those who will be inspecting offshore platforms. ANH President Orlando Velandia was invited to talk about the offshore oil and gas opportunity.
The Ministry implements its Territorial Strategy, Geopark (NYSE:GPRK) participates in a workshop on conflict resolution and Ecopetrol (NYSE:EC) reaches out to La Lizama-affected communities. These and other stories in our periodic CSR summary.
We looked at how the top oil producing departments voted and, if it had been just their decision, the second round would have been Duque-Fajardo not Duque-Petro.
German Arce, Minister of Mines and Energy (MinMinas), wrote an article about the goals and plans of the government in the oil sector in the newspaper El Espectador. He highlighted the relevance of the Caribbean region for the future of the sector.
The demobilization process with the FARC began a year ago, but not all the members of this group took part or have stayed in civil society. Some dissidents’ groups are looking to retain control of areas where the FARC operated; these areas have the presence of several oil projects.
Nothing like a disaster to get the political juices working and the USO is not immune to the temptation. It issued a long diatribe against Ocensa’s reaction to the Hidroituango emergency in the lower Cauca River valley.
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