Or even in Latin America. The headline might have upset your board members or institutional investors when it appeared a few weeks ago but it was false. Colombia is not exactly a shining example of public service morality but not the most corrupt in the world or even the region.
The Inspector General’s Office made decisions regarding the investigation for alleged cost overruns in Cartagena’s Refinery (Reficar).
The National Association of Financial Institutions (ANIF) published a report explaining that one of the main causes of high unemployment levels in Colombia are “business overruns.”
This is how resources from the General Royalties System (SGR) will finance infrastructure projects in what the government catalogued as the Most-Affected Areas by the Conflict (Zomac). These and other stories in our periodic Royalties summary.
Industry experts spoke about what is at stake, if the State Council does not approve the development of fracking pilot projects (PPII) this year.
Social and environmental organizations grouped in Colombia’s National Water Network, sent a petition to Colombian citizens, as a way to pressure the government and avoid the development of fracking research pilot projects (PPII).
The director of the Presidential Department, Diego Molano, spoke about the environmental roundtable that President Iván Duque convened, following the parameters of the ‘National Conversation’.
The Ministry of Environment (MinAmbiente) spoke about the reform to the General Royalty System (SGR), and its benefits for the environment.
The new Mining Registry will not only reduce processing times by 72%, but will boost the sector’s digitalization process.
Ecopetrol (NYSE: EC) and the Rural Development Agency (ADR) signed an agreement to boost local economies.
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