The period of Juan Manuel Santos as president is about to end. German Arce, Minister of Mines and Energy, reported on investment results over the last eight years.
President-elect, Ivan Duque, spoke about some of his plans in the Collegiate Body for Administration and Decision (OCAD) and other key issues in a meeting with mayors of the country’s municipalities.
Through a resolution, Tolima’s Regional Autonomous Corporation (Cortolima) confirmed that it will no longer give permits for mining activities.
President-elect, Ivan Duque, announced that Ecopetrol’s (NYSE: EC) CFO, María Fernanda Suárez, will be the new Minister of Mines and Energy (MinMinas).
President elect, Iván Duque, appointed Ricardo Lozano as the new head of the Ministry of Environment and Sustainable Development (MinAmbiente).
Bogotá’s Chamber of Commerce hosted an event where industry entrepreneurs and public entities talked about the Most-Affected Areas by the Conflict (Zomac). We attended and brought back comments from the industry as well as our own impressions.
The Ministry of Mines and Energy (MinMinas) with the National Hydrocarbons Agency (ANH) reported on their management during the last eight years. The entities highlighted results in reserves, drilling and seismic.
Iván Duque, President-elected of Colombia, made several economic proposals to improve the country’s development including lowering corporate taxes. The business paper Dinero analyzed the feasibility of these proposals.
A few weeks ago, we looked at BP’s recently published annual statistical summary of the global energy market. At that time, we did some country-by-country comparisons in a static view. This week we look at changes over time, within Latin America.
A few weeks ago, the National Hydrocarbons Agency (“ANH”) published its new model contract for offshore exploration and production activities. Although some parameters are specific to offshore, others reflect how the Agency’s thinking has evolved since 2014, the last time it held a block auction to award offshore areas. Norton Rose Fulbright Colombia’s oil & gas team volunteered to write this summary.