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Parex reluctantly suspends operations in Arauca

Through a declaration, the ELN threatened Parex’s (TSX: PXT) workers and declared them military target.

Monday, January 29th, 2018
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Auction for the Pacific regasification plant

The government will tender the regasification plant project on the Pacific coast, despite experts’ opinions against it. Authorities have already defined a period to carry out this ambitious project.

Monday, January 29th, 2018
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USO demands the reintegration of leader Rodolfo Vecino

The union expressed its “sadness and indignation” over the alleged unilateral and arbitrary decision of Ecopetrol’s (NYSE: EC) management to fire National USO director, Rodolfo Vecino.

Monday, January 29th, 2018
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Oil FDI in 3Q17

Oil FDI in 3Q17

Colombia’s Central Bank (Banrep) released final 3Q17 Foreign Direct Investment (FDI) figures for the country. This increased in the sector compared to same period last year, but dropped compared to 2Q17. Total FDI grew considerably in Colombia.

Friday, January 26th, 2018
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Projects to improve gas supply

Through five different projects in the Caribbean coast and the center of the country, TGI and Promigas could improve Colombia’s gas transportation and supply.

Friday, January 26th, 2018
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ACIPET on popular referendums

The Colombian Association of Petroleum Engineers (ACIPET) has been defending the sector against the boom of anti-oil referendums. It’s president, Julio Cesar Vera, spoke on this topic.

Friday, January 26th, 2018
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Oil will not solve all problems: says MinHacienda

Mauricio Cárdenas, Minister of Finance (MinHacienda), spoke about current oil prices and its possible benefits in the Colombian economy. Additionally, President Santos spoke about sustainable development to the World Economic Forum in Davos, Switzerland.

Friday, January 26th, 2018
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Parex socialized its project in Tautaco

Even though the initiative will boost the local economy, some members of El Cedral village, in the municipality of Hato Corozal (Casanare), blocked the access road to Tautaco.

Friday, January 26th, 2018
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Infrastructure for taxes in 2018?

Perhaps the greatest challenges that Colombia will face with the implementation of the peace agreements, is giving more relevance to rural areas that have traditionally been neglected by the State.

Friday, January 26th, 2018
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‘Pimpineros’ will benefit from reconversion programs

The Ministry of Commerce (MinComercio) has contributed more than CoP$8.7B for the development of this initiative.

Friday, January 26th, 2018
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