Throughout our brief history we have observed that the ANLA likes to change performance measures with some frequency. Its new one is at least clear but it does not look good for the oil and gas industry.
The Society of Petroleum Engineers (SPE) hosted the second “Colombia and the World of Fracking” workshop in Bogotá. Industry leaders and the National Environmental Licensing Agency (ANLA) representatives debated the pros and cons of developing fracking in the country.
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.
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