The post-conflict process is starting in Colombia and this represents many challenges to overcome. The country needs everyone’s participation in this important stage. Rafael Pardo, counselor for the post-conflict, spoke on this topic.
The Barrancabermeja Refinery received a very important distinction from the specialized company Solomon Associates. The company conducted a benchmarking study among 85% of the world’s refineries.
CEO Felipe Bayón explained that the NOC’s biggest challenge is to produce 600mmbbl in 2020, for which it will focus on exploration, Enhanced Oil Recovery (EOR) and unconventional resources (UC).
Local journalists insist on the fact that resources from the General System of Royalties (SGR) that are given to Casanare’s government need to be monitored, arguing that there are clear signs of corruption. These and other stories in our periodic Royalties summary.
Oil companies consider that deducting royalties’ payments from their taxes is not a ’loophole’, despite the ruling by the State Council and declarations by politicians.
Valueskies announced its intention to build several bio-refineries in the country. Company representative Laura Ramírez spoke about the firm’s goals in Colombia.
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