Controversy over ConocoPhillips (NYSE:COP) project in Cesár has brought unconventional technologies back into the press limelight and the balance has not been positive.
The government has compiled proposals from the ‘no’ proponents into 57 different items and is now discussing them with the Farc. Head negotiator Humberto de la Calle said that the discussion in Havana has been difficult, but denied rumors that the Farc had left the table.
Ecopetrol (NYSE:EC) has handed out scholarships for rural residents to take on university studies, and distinguished 16 national initiatives with its innovation awards for 2016. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
During the recent debates on the 2017-2018 royalty budget, Centro Democratico Senators Ivan Duque and Oscar Darío Pérez complained that most projects were subscale and so lacked impact. With the data we collected for our recent long article on fairness, we had the information necessary to look at the question.
Even though Colombia has natural gas reserves which are set to last for another six years, if no new discoveries are made then imports to cover national demand would have to start in 2018 due to problems in the distribution and transportation of gas.
The Ministry of Mines and Energy (MinMinas) has confirmed that 18 companies -12 from the hydrocarbons industry- will participate in the second Extractive Industry Transparency Initiative (EITI) report which will cover income and payments made in 2014 and 2015.
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