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There was some suspense but, in the end, no surprises: right-wing candidate Iván Duque will battle left-wing candidate Gustavo Petro in the second round of Colombia’s presidential elections on June 17^th.

The Colombian Association of Natural Gas (Naturgas) made an analysis on the situation of key metrics of the gas sector such as production, self-sufficiency and capacity. The association called for more collaboration from Colombian authorities to boost the development of the industry.

The fall in oil prices greatly affected the Colombian economy some years ago, proving that the country depends in large part on the sector. However, oil prices have been increasing in recent months and experts analyzed this situation.

Although this mechanism is new in Colombia, it already works in countries like Peru with positive results, and could change the course of the Colombian post-conflict process.

The boom in popular referenda against the oil and mining sector has generated many concerns and debate in the country. The Government’s strategy to stop this wave was to say that it lacked the resources to finance them, but this has generated a new controversy with communities.

The Works-for-Taxes program is one of the most interesting ideas by the Colombian Government that we have seen in a long time. It is long-established in Peru and companies that saw it work there have advocated for its adoption in Colombia.

Bogotá’s transport system, TransMilenio, will renew many of its buses and the local Council suggested giving additional points to proposals that offer technologies that have zero emissions of polluting gases.

Political and economic problems in South American countries are leaving a gap in oil exports to the United States that Colombia is levering. Experts talked about this situation, as well as of opportunities for the country.

The Ministry of Mines and Energy (MinMinas) announced the successful development of projects financed with the Incentive to Production, but authorities warned about irregularities in the development of other projects. These and other stories in our periodic Royalties summary.

Industry entrepreneurs highlighted the city’s offshore potential and talked about what should be done to maximize upcoming opportunities.