The Barrancabermeja Refinery received a very important distinction from the specialized company Solomon Associates. The company conducted a benchmarking study among 85% of the world’s refineries.
Oil companies consider that deducting royalties’ payments from their taxes is not a ’loophole’, despite the ruling by the State Council and declarations by politicians.
The sector is concerned about its future and several representatives have shown their interest in implementing new techniques such as fracking in Colombia. This has generated a huge debate in the country, but the government does not take a clear position on the issue
The Council of State ruled a dispute that, according to the plaintiffs, had prevented Colombia from receiving at least CoP$12T in taxes.
The National Environmental Licensing Agency (ANLA) hosted its2H2016-1H2017 accountability session in Bogotá.
Semana hosted a debate on the convenience and viability of developing fracking in the country. There were, as expected, opposing opinions.
The director of the National Environmental Licensing Agency (ANLA), Claudia Victoria González Hernández, participated in an event with communities in Meta and talked about certain oil projects.
The Ministry of Finance (MinHacienda) informed the mayor of Granada (Meta) that there are not enough resources to finance the voting session that was planned in the municipality for October 22nd.
The Colombian-Canadian Chamber of Commerce (CCCC) hosted the “New Environmental Challenges in Colombia” panel, where Minister of Environment (MinAmbiente) Luis Gilberto Murillo spoke about the main environmental challenges that the post conflict process will bring. HCC attended the event.
A group of journalists from Yopal (Casanare) promoted a campaign via twitter to protect the resources from the General System of Royalties (SGR), arguing that they could be vulnerable to fall into corruption. These and other stories in our periodic Royalties summary.
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