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.
The boom of anti-oil and mining referendums has created a lot of legal uncertainty in Colombia. The government aims to regulate this mechanism, but several associations have come out against this intention.
The Canadian Chamber of Commerce together with Norton Rose Fulbright, hosted an event to discuss the industry’s situation in the world and the impact of Agreement 02 in Colombia. National Hydrocarbons Agency (ANH), Canacol (TSX: CNE) and Parex (TSE: PXT) representatives attended the event.
The oil industry has repeatedly said that the development of Unconventional Deposits (UC) is the way to guarantee self-sufficiency in the long term. The Ministry of Environment (MinAmbiente) and the Ministry of Mines and Energy (MinMinas) have different views on this issue.
The Colombian Association of Petroleum Engineers (Acipet) held a press conference in Bogotá and Julio Cesar Vera, President of Acipet, highlighted the association’s actions to boost the industry.
The Colombian Association of Energy Distributors (Asocodis) and the Colombian Chamber of Energy (CCE),spoke about the negative effects that cutbacks in MinMinas can have on low income families.
The General Comptroller´s office conducted an evaluation of the management of the National Environmental Licensing Authority (ANLA) during 2016. The results were negative.
The government is analyzing a decree that could help mitigate the tension between the industry and communities; so far, feedback on the infrastructure for taxes initiative has been positive. These and other stories in our Royalties periodic summary.
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