Corruption cases in Colombia are unfortunately common and there is a new one emerging. The Colombian Attorney General’s office conducted an investigation against Cúcuta former judges, whose decisions affected Ecopetrol (NYSE: EC).
Local authorities spoke about the city’s progress towards becoming an important offshore operation center in the Caribbean region.
The National Hydrocarbons Association (ANH) hosted the “Dialogue for Building a Vision for Territorial Development” roundtable in Yopal (Casanare), where industry and community members were able to discuss social and industry related issues.
Experts in the energy industry said that with such a drastic cut in the industry’s budget; about 10 million users could lose their access to energy service.
The country is facing times of high legal uncertainty because of the boom in popular consultations against the oil and mining sectors. Mauricio Cárdenas, Minister of Finance, talked about this situation and consequences of these actions.
The Ministry of Mines and Energy (MinMinas) announced an increase in fuel prices. The Federation of Freight Transport Businessmen (Fedetranscarga) spoke about the high cost of fuels in Colombia.