The National Development Plan 2014-2018 contemplated large infrastructure projects and the Tumaco fuel terminal was one of the main ones. The southwest of the country benefits the most from this new terminal.
Ecopetrol (NYSE: EC) continues to develop exploration activities in Colombia and it seems like the strategy is on the right track. The NOC announced a new discovery in the department of Cundinamarca.
Colombia’s Federation of Insurers (Fasecolda) presented a proposal to sell the government’s shares in Ecopetrol. The initiative was not free from controversy.
Iván Duque, President-elected of Colombia, made several economic proposals to improve the country’s development including lowering corporate taxes. The business paper Dinero analyzed the feasibility of these proposals.
Through a statement, the union protested arguing that Ecopetrol (NYSE: EC) still pays wages and provides benefits to officials involved in the ‘Reficar scandal’.
A few weeks ago, we looked at BP’s recently published annual statistical summary of the global energy market. At that time, we did some country-by-country comparisons in a static view. This week we look at changes over time, within Latin America.
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