The Congress must decide what will happen with the bill that seeks to ban fracking in Colombia. Carlos Andrés Santiago, promoter of the project, spoke on the matter.
The National Agency of Environmental Licenses (ANLA) ruled on environmental obligations in the country. Luis Gilberto Murillo, Minister of Environment (MinAmbiente) spoke about this decision and its positive effects on key issues such as investment and the environment.
Colombia has made a bet for the development of the offshore industry in the Caribbean region. The National Association of Entrepreneurs (ANDI) made some recommendations for the incoming president on this issue.
The Colombian Corporation of Agricultural and Livestock Research Corpoica (Agrosavia), investigated the Ecopetrol (NYSE: EC) treated produced water of with positive results.
The Peace section of the Collegiate Body for Administration and Decision (OCAD) spoke about the budget for the post-conflict process, in departments where the so-called Most Affected Areas by the Armed Conflict (ZOMAC) are concentrated.
The discussion about the high fuel prices and the government’s ‘magic formula’ seems to have no end. The Colombian Federation of Cargo and Logistics Transporters (Colfecar) spoke about the behavior of this metric during this year and its consequences.
President Álvaro Uribe (2002 to 2010) had only two Minminas: Luis Ernesto Mejía and Hernando Martínez. President Juan Manuel Santos (2010 to 2018) had seven. He also had six Ministers of Environment and five ANH Presidents. Would the industry be in a different place today if President Santos had shown the same consistency as President Uribe?
According to the head of the National Hydrocarbons Agency (ANH), Orlando Velandia, the country is preparing changes to its bidding process, aiming to increase investment and find new reserves.
From time to time, we like to look around the Latin American region and see how Colombia compares to its main rivals. This week Denton’s Jorge Neher takes a look at the off-again / on-again love affair between Ecuador and the oil industry. It seems like the mutual affection is on again and there are interesting opportunities.
The boom of the anti-oil referendums created uncertainty in the extractive industry in Colombia. However, the Constitutional Court could take a relevant decision on this important issue.