Luis Carlos Lopez, president of the USO Magdalena Medio, explained the methodology that the union will use to share its most recent achievements during the negotiations.
The reopened debate about fracking in Colombia reminded me, once again, that we live in a world where nothing is true.
The oil crisis affected Colombia’s public finances in recent years, but crude prices have recently recovered. This situation has returned to generate optimism in the public sector, especially for the economic benefits that this may represent.
Ecopetrol (NYSE:EC), the Attorney General’s Office, the Ministry of Mines and Energy (MinMinas), the Ministry of Environment (MinAmbiente) and Medellin’s Mayor’s Office signed a pact to improve the city’s air quality.
The government confirmed that royalties’ resources for producing regions will considerably increase next year, compared to the 2017-2018 period. These and other stories in our periodic Royalties summary.
Better oil prices will benefit the country’s finances, but will not change the government’s plan to maintain an austerity policy, said María Fernanda Suárez, Minister of Mines and Energy (MinMinas).
Authorities confirmed that the Congress will discuss a Bill to modify the General System of Royalties (SGR).
During the ninth ‘Construyendo País’ (literally: ‘Building our Country’) workshop, the Minister of Mines and Energy (MinMinas), María Fernanda Suárez, announced an increase to the royalties’ budget.
Colombia continues to discuss the possibility unconventional techniques to increase oil reserves and production. Maria Fernanda Suarez, Minister of Mines and Energy (MinMinas), spoke on this topic in a debate.
The National Agency of Environmental Licenses (ANLA) announced a technical team to follow up on the Ecopetrol (NYSE: EC) project Oripaya block located in the municipality of San Jose de Cucuta in the department of Santander.