News and AnalysIs for

The Colombian peso has devaluated strongly against the dollar in recent months, causing concerns in some economic sectors. Juan José Echavarría, Manager of the Colombia’s Central Bank (Banrep), spoke on this subject.

The Association of International Petroleum Negotiators (AIPN) hosted the “Coordination with the Territory in the Extractive Sector: Analysis and Challenges” panel. HCC attended the event.

The oil sector has proposed developing unconventional deposits through fracking as the main strategy to guarantee energy self-sufficiency in the medium and long term. The discussion about this alternative continued and people both for and against spoke about this option.

An anonymous reader reacted strongly to a recent article where the ANLA was talking about its operational improvements.  Our reader’s point is that it is a waste of time and effort to look for operational improvements to a process that is fundamentally flawed to begin with. Here is the text of the email they wrote plus our Bottom-Line reaction.

Authorities just reported on oil and natural gas reserves, creating concerns in the sector. Here is what the Mining and Energy Planning Unit (UPME) has to say on the matter.

Authorities confirmed that the ELN attacked the Bicentenario and Coveñas / Caño Limon (CCL) pipelines, causing a halt in activities.

General Comptroller Carlos Córdoba said that the entity is not against fracking, but asked for certain conditions to be fulfilled.

The National Environmental Licensing Agency (ANLA) has been reporting on monitoring processes in the sector, and this time, it ruled on two projects in the departments of Cundinamarca and Meta.

The Director of the National Environmental Licensing Agency (ANLA), Rodrigo Suarez, spoke about the entity’s role in the development of unconventional projects.

The Attorney General, Néstor Humberto Martínez, presented his “irrevocable resignation,” after the Special Justice for Peace (JEP) ordered the release of Farc leader, Jesus Santrich.