The General Royalties System (SGR) is calling on Colombia’s academic institutions to help facilitate the proposal process in regions through a “Train the Trainers” program where the universities will play a greater role preparing regional institutions for the SGR proposal process. Parallel to this announcement, the entity also summarized the results of royalty investments in several areas and received new projects as well.
The implementation of the new General Royalty System (SGR) -now in place for a year- has yielded positive results including greater transparency and access to funds for regions, according to Mauricio Santa Maria, director of the National Planning Department (DNP).
Colombia’s Ministry of Environment and Sustainable Development (MinAmbiente) said in a statement that it has issued regulations that will define the building of watershed councils, part of a larger plan to govern the use of water.
The USO said it has presented a formal lawsuit to the country’s attorney general against Pacific Rubiales and contractor companies for what it describes as anti-union practices and a “violation of the right to gather and associate.”
Pacific Rubiales’ CEO Ronald Pantin rejected allegations from Colombia’s Comptroller that the company’s extraction practices in the Rubiales field are causing environmental damage.
The great gas debate has been simmering for a few months now.
Counts were down to 28 below recent and long-term averages. Unlike last week, this was a below average week for guerrilla-initiated. Our 4-week Moving Average incident count was down to 35.3 incidents and the 52 week average was down as well to 38.2 incidents per week.
The first quarter is strange because some stragglers take the full 90 days they have to report 4Q results and then often are able to file 1Q results early.
The Ministry of Environment and Sustainable Development (MinAmbiente) signed an agreement with the Autonomous Regional Corporations (CAR) creating 10 principals that are to guide environmental management and sustainable development.
The first quarter is strange because some stragglers take the full 90 days they have to report 4Q results and then often are able to file 1Q results early. So we did not publish our price analysis last quarter and have two quarters´ worth of data for this quarter.
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