Asocarbono and DIAN reported the resources collected thanks to the carbon tax since its creation in 2016.
The mining and energy sector is developing several projects to reactivate the economy, but they are not progressing at the expected pace.
According to Wikipedia, “Writer’s block is a condition, primarily associated with writing, in which an author is unable to produce new work or experiences a creative slowdown. This creative stall is not a result of commitment problems or the lack of writing skills.” Well, that last bit is some comfort at least. However, the article goes on to say “The condition ranges from difficulty in coming up with original ideas to being unable to produce a work for years.” Ouch!
The Colombian Oil and Gas Association (ACP) and Canacol (TSX: CNE) talked about natural gas reserves in Colombia.
President Iván Duque announced that the country was accepted as a new member of the International Energy Agency (IEA).
Campetrol, Acipet and ACP talked about the economic benefits for Colombia of high oil prices.
The Ministry of Mines and Energy (MinEnergia) announced new regulations in ‘Works for royalties’.
The Minister of Mines and Energy, Diego Mesa, spoke about the sector’s reactivation, offshore projects, Fracking Pilot Projects (PPII) and other relevant topics for the industry.
With oil prices rising seemingly week-after-week, some commentators have gotten excited by the fiscal implications. There may some short-term relief for tired taxpayers but the medium and long-term is challenging.
The Colombian Chamber of Oil, Gas and Energy Goods and Services (Campetrol) spoke about the benefits of developing fracking in Colombia.
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