Many representatives of the mining and oil sector argue that the tax burden in the country is high compared to other countries. Luis Álvaro Pardo, an economist, analyzed the taxes paid by companies in the country.
Colombia’s Collegiate Body for Administration and Decision (OCAD) spoke about approved projects in the departments of Casanare, Arauca and Antioquia. These and other stories in our periodic Royalties summary.
We hit a new record for articles about fracking (pro and con) for a single week. There were more articles both pro (25) and con (33) than we had ever seen in a single week for the combined total (21) but the Fracker Tracker slipped further into the red.
Francisco José Lloreda, President of the Colombian Petroleum Association (ACP), spoke about important issues for the oil sector such as production, royalties and popular referendums among other issues in an interview for the business paper Dinero.
Production declines in La Guajira natural gas fields could put the country at risk of having to import this fuel in 2023. the Minister of Mines and Energy (MinMinas) spoke on the matter.
The union gave an update on the negotiations with Mansarovar Energy, and the panorama does not seem promising
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