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Regulations & Policy

11 projects approved for Arauca, Guainía, Guaviare, Meta and Vaupés in Llanos Regional OCAD

From a press release by MinMinas. Translated and with commentary by Hydrocarbons Colombia.

MME, Bogotá, September 17, 2012. Eleven investment projects that will benefit the departments of Arauca, Guanía, Guaviare, Meta and Vaupés, were approved on Monday during a meeting of the College of Management and Decision (OCAD) of the Llanos, chaired by the Minister of Mines and Energy, Federico Renjifo.

Wednesday, September 19th, 2012
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New project in Colombia’s Congress could take US$1 / barrel off operating profits

Business newspaper Portafolio reports that a project sponsored by high-profile congressman Simón Gaviria and colleague Jaime Rodríguez would allow municipalities to charge mining and hydrocarbons companies a local “Industry and Commerce” tax known as ICA.

Thursday, September 13th, 2012
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