This week Colombian President Juan Manuel Santos took to campaigning for the peace process, one of the foremost issues that will make or break his upcoming reelection bid next year.
It is a stereotype that rolls easily off the tongue: the Colombian royalty rate is 20%. Data from 1Q13 shown above shows that it is not. The bars represent the average royalty rate for the top producing departments (excluding X Factors paid on E&P contracts) and the figures displayed on the bars themselves is average daily production in thousands of barrels per day.
ProductionMinMinas recently published its detailed file with production by field, which allows us to do graphs like the above, looking at the growth in production by department.
An association of around 600 fishermen says that offshore exploration near the city of Cartagena is advancing without their input or consultation.
The USO says that a mass strike of workers at the expansion of the Cartagena Refinery (Reficar) has been in effect for 8 days now. According to the union, 12,000 workers are now demanding greater hiring of local and national laborers, and that salaries and work conditions are the same as foreign workers on the site.
From Catatumbo to Cartagena, coffee growers to coal miners, a recent wave of protests and now strikes have plagued President Juan Manuel Santos administration at a tender moment.
The National Federation of Palm Oil Producers (Fedepalma) says the government is not keeping promises it has made regarding the use of biofuels, in particular biodiesel.
It is a stereotype that rolls easily off the tongue: the Colombian royalty rate is 20%. Data from 1Q13 shown above shows that it is not. The bars represent the average royalty rate for the top producing departments (excluding X Factors paid on E&P contracts) and the figures displayed on the bars themselves is average daily production in thousands of barrels per day.
Ecopetrol will hold environmental workshops with communities that fall in the area of influence of the ODISEA 3D seismic exploration project and the company insists that there are no environmental consequences as a result of the exploration.
Colombia’s national government will look to improve the efficiency of logistics and transportation by “rehabilitating” its rail infrastructure through stimulus packages that encourage investments in trains in the center of the country.
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