The General Comptroller´s office conducted an evaluation of the management of the National Environmental Licensing Authority (ANLA) during 2016. The results were negative.
The government is analyzing a decree that could help mitigate the tension between the industry and communities; so far, feedback on the infrastructure for taxes initiative has been positive. These and other stories in our Royalties periodic summary.
Ecopetrol (NYSE: EC) reported a substantial increase in ethanol production during July. Its subsidiary, Bioenergy managed to register significant growth despite environmental difficulties in the Llanos Orientales.
As part of its diversification strategy, Ecopetrol (NYSE: EC) expects to attain 40% of its production from gas within 13 years.
Companies like Terpel, Equion, Ecopetrol (NYSE:EC) and Geo Park (NYSE: GPRK) reiterated their commitment to social investment programs by boosting education opportunities in Colombia. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The boom of anti-oil and mining referendums continues to grow around Colombia. There is a new committee to carry out a referendum to approve or reject extractive projects in an important municipality of the Putumayo.
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