EITI Colombia chose the municipality of Muzo (Boyacá) to host an accountability session, highlighting positive results.
Oil prices have increased in recent months, improving the sector’s prospects and probably the Colombian State’s income in the coming years. However, this behavior has also had some impacts on the country’s economy, especially in gasoline prices and other key metrics. Colombia’s Central Bank (Banrep) talked about this.
Current oil prices have generated many expectations in the oil sector to recover the ground lost during the last years. Companies have announced several investments and Ecopetrol (NYSE: EC) has big plans in this area.
Entrepreneurs and politicians from the Caribbean coast, such as Joseph Daccarett and César Lorduy, criticized Resolution 40646 of the Ministry of Mines and Energy (MinMinas) regarding last week’s emergency in Cusiana and Capiagua. However, the problem has been resolved.
The union spoke about the importance of generating employment in industries other than the energy and mining, since these supposedly do not create formal employment.
BP recently published its annual statistical summary of the global energy market and we thought it might be interesting to look at a few selected charts. The focus was country-by-country comparisons and, by looking at energy consumption broadly, we chose some variables that might be a bit different.
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