The country will undergo an early evaluation to go from a candidate country to a member of the Extractive Industry Transparency Initiative (EITI); the Organization includes the largest oil and mining companies from53 countries.
La Macarena is a rich region in natural resources, but this area has suffered from armed conflict. The situation in this region is changing thanks to the peace agreement with the FARC, but the discussion between oil and water is still latent.
The Ministry of Mines and Energy (MinMinas) said that the development of infrastructure projects in Antioquia was a success, and for the second year in a row, Valle de Cauca was the leading department in science and technology initiatives. These and other stories in our periodic Royalties summary.
We are now two months into the ELN ceasefire and the question we wanted to answer was whether they are keeping to their part of the deal. The answer, at least from an oil and gas infrastructure point of view, is ‘mostly’.
The Ministry of Mines and Energy (MinMinas) announced fuel prices for December. Experts of the sector talked about the relation between inflation and fuel prices in the country.
GasCanacol Energy (TSX: CNE) announced an important development in transportation for its gas in Colombia. Charle Gamba, CEO of CNE, highlighted the prospects for 2018.
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