The Minister of Mines and Energy (MinEnergia), Diego Mesa, spoke about the reform to the General Royalty System (SGR).
Here is a commentary by Acipet, published a month or so ago, but since it concerns the use of royalties and the government has just filed an extensive royalty reform, we thought it worth translating and publishing.
The Colombian Chamber of Oil, Gas and Energy (Campetrol) made a call to support the oil sector as the leader of the economic reactivation process.
Chamber Representative, León Muñoz, filed a Bill of Law that seeks to reduce working hours in Colombia.
The union said that the Decree 811 of 2020 goes against the Rule of Law. Here are the details.
Local authorities called on the government to use the diesel surcharge and release resources from the Territorial Entities Pension Fund (Fonpet) to support rural economic reactivation.
The government spoke about its “Moving Forward with Confidence” strategy, aimed at boosting the commerce, industry and tourism sectors.
The government filed the draft for next year’s budget. Opinions about selling State assets like Ecopetrol (NYSE: EC) to finance the country’s expenses are still divided.
We can get down on the Colombian government for not supporting the oil and gas industry as we think it should be. But BP’s latest Energy statistics show that Latin America’s production problems are not caused by Colombia.
Magistrate Ramiro Pazos set the date for the hearing that aims to determine the viability of fracking pilot projects (PPII) in the country.