Industry specialized newspaper Crudo Transparente, together with Jorge Tadeo Lozano University, hosted a forum to discuss oil and popular referendums. HCC was present at the event; we have a summary of the meeting.
Through the Resolution 40907, the Ministry of Mines and Energy (MinMinas) approved the incentive to mining and oil production for the two-year period 2017-2018.These and other stories in our periodic Royalties summary.
The national government created the Bolsa de la Paz (literally: Peace Allocation) to distribute these resources around the country, as long as the municipalities meet certain requirements. There are several regions ready to receive the resources.
Most of the General System of Royalties (SGR) budget goes to the areas of infrastructure, education, culture, sport and recreation, mines and energy, and agriculture.
Representatives of the oil sector met with the President of Colombia Juan Manuel Santos and senior government officials to talk about the industry.
The National Environmental Licensing Authority (ANLA) hosted a public hearing to discuss the proposal for exploratory activities in the Marteja area, which has influence on the municipalities of San Vicente de Chucurí, Barrancabermeja and El Carmen de Chucurí (Santander).
During a successful project approval marathon (‘ocadtón’) session, the Collegiate Bodies of Administration and Decision (OCAD) gave the green light to develop several projects throughout the country. These and other stories in our periodic Royalties summary.
The Government will investigate recruitment processes in the oil sector, as there have been complaints about possible irregularities. Griselda Janeth Restrepo, Minister of Labor (MinTrabajo), spoke about the government’s actions to judge this situation.
The National Hydrocarbons Agency (ANH) will offer exploratory blocks located in the Colombian Caribbean coast. Orlando Velandia, President of the ANH, spoke about this.
The Colombian Association of Petroleum Engineers (Acipet) said that the Minister of Environment (MinAmbiente) Luis Gilberto Murillo, lacks information and sense of opportunity after saying that Colombia is not ready to develop fracking.
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