The propane market is facing a situation of much uncertainty at present. Representatives of the sector have shown their concern about this. Authorities and companies in the sector must take measures to avoid major problems in the short and medium term.
Last week, we published about a court ruling that (supposedly) would lead to taxing royalties (technically, removing a ‘deduction’ for royalties).
The union gave an update on the negotiations it recently started with the companies.
The Ministry of Mines and Energy (MinMinas) announced fuel prices for November. A citizen filed a lawsuit against the ministry to change the definition of the fuel surcharge in Colombia.
The president of the Colombian Association of Petroleum Engineers (Acipet), Julio Cesar Vera, spoke about the situation of the industry, not only in Colombia but in the world.
The company spoke about the blockades that took place in El Tambo village (Tolima), after locals argued an alleged breach of agreements by the company. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.