The Ministry of Mines and Energy (MinMinas) spoke about new regulations and why they will boost Colombia’s development this year.
The government restarted the process to award offshore E&P contracts in the Colombian Caribbean, aiming to boost investments during 2019.
Alberto Carrasquilla, Minister of Finance (MinHacienda), made a proposal about the country’s participation in the Ecopetrol (NYSE: EC) stake, creating a huge debate in Colombia. Analysts spoke on this topic.
The Colombian government announced its development plan for the current Presidential period, and the mining-energy sector plays a key role in this project. Authorities explained their plans and goals to boost this industry.
Transparency International recently published its Corruption Perception Index (CPI). Boards and ethical investors will be paying attention. After the scandals of recent years, corruption has become a key issue with voters as well.
An anonymous reader sent me an email about our article on Venezuela from a week or so ago. He disagreed with the ACP’s conclusion that turmoil in Colombia’s neighbor was a big opportunity for our oil and gas sector. I concur with him.
The National Hydrocarbons Agency (ANH) announced measures on the Permanent Competitive Process (PPAA), which has generated expectations among the companies of the oil sector.
The Colombian government wants to reactivate hydrocarbons exploration and production as soon as possible. Luis Miguel Morelli, President of the National Hydrocarbons Agency (ANH), spoke about the offshore blocks, new regulation and other key issues for the industry.
Authorities confirmed that thanks to the General System of Royalties (SGR), the regions were able to receive important resources to develop social investment projects. These and other stories in our periodic Royalties summary.
The National Environmental Licenses Agency (ANLA) announced progress in the risk management plan of the Caño Limon-Coveñas pipeline (CCL). The entity pointed out that local authorities are helping in this process.
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