President Ivan Duque closed this year’s Oil and Gas Summit with a speech on the industry’s importance for Colombia’s future.
As we approach the end of the year, most boards are in their annual strategic planning exercises and I think this article should be required reading. It will not tell you where to drill the next well but it might give the board and senior management some perspective on their larger contribution to the economy and society.
HCC attended the second day of the Oil and Gas Summit, where industry experts spoke about social issues in the territories, and potential solutions to approach them.
The Reform to the General Royalties’ System (SGR) includes modifications to the Collegiate Bodies for Administration and Decision (OCAD), which might have a negative impact for the regions. These and other stories in our periodic Royalties summary.