Colombia´s Central Bank has not published Foreign Direct Investment (FDI) figures for 1Q17, but we show petroleum FDI and RRR during 2016. Social environment has increase legal uncertainty in the industry and it could affect the performance of these metrics this year.
As of August, the NOC’s tanker trucks will not be able to enter directly into the city and Ecopetrol (NYSE: EC) will have to search for an alternative route.
The Comptroller General proposed changing the gasoline price policy in the country. It generated an interesting discussion.
GasThe Colombian Mercantile Exchange (BMC) confirmed the news.
Ecopetrol (NYSE: EC) announced progress at the Bioenergy plant, the largest ethanol production complex in the country. The company said the ethanol-marketing phase began.
Even though the Collegiate Bodies of Administration and Decision (OCAD) approved important social development projects in the departments of Neiva and Casanare, corruption scandals led to the National Department of Planning (DNP) to closely monitor, and even suspend projects in Casanare and La Guajira. These and other stories in our periodic Royalties summary.