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The Constitutional Court ordered the creation of an inter-institutional roundtable to investigate the impacts of mining activities in the country.

After months of controversy, the General System of Royalties (SGR) was modified to allow the allocation of royalties’ moniesto finance the post conflict process. Separately, thegovernment announced several infrastructure projects in different rural areas of Colombia. These and other stories in our periodic update.

The Minister of Mines and Energy, Germán Arce, signed a new agreement by which the National Hydrocarbons Agency (ANH) adopts a new scheme for the allocation of new areas of exploration and production of oil and gas.

Francisco Lloreda, president of the Colombian Petroleum Association (ACP) questioned the current General System of Royalties (SGR.)

Juan Manuel Santos, President of Colombia and German Arce Zapata, MinMinas, visited the Siluro-1 well drilled by Repsol (MSE: REP). They highlighted their commitment to the offshore industry in Colombia.

The Ministry of Mines and Energy (MinMinas), the Superintendency of Public and Residential Services, the Energy Regulatory Commission (CREG) and Palacios y Lleras law firm hosted the “Future of Energy in Colombia” forum at Javeriana University. HCC attended the event.

The National Planning Department (DNP) made the recommendation to the mining and oil municipalities of the country.

Guillermo Perry Rubio, former MinMinas, talked about the royalties’ model in the country in an interview with Portafolio. He said that the government must make changes to boost the sector and follow the example of other countries in the region.

Vice minister of Environment Carlos Botero, said that fracking activities are not taking place in the country. Environmentalists say the opposite.

The Colombian government wants to change the General System of Royalties (SGR) to finance the post-conflict. Mauricio Cárdenas, Minister of Finance, discussed the proposals but local leaders and academics, among others, are against it.