Government negotiators have reached a final agreement with the Farc this week, closing a three year long process to produce this final accord in talks in Havana. Now the agreement awaits an uncertain and critical plebiscite on October 2nd.
Pacific E&P said that the Ontario Superior Court has approved the company’s restructuring deal, after its board of directors opted to remain committed to an agreement with Catalyst Capital to restructure the firm and its outstanding debt, despite a last minute counter offer.
The General Controller has warned certain ministries are not effectively executing their assigned budget, including the Ministry of Mines and Energy (MinMinas), a claim which the ministry denied.
The director of the National Agency of Environmental Licenses (ANLA) addressed the Chamber of Representative’s Second Commission and laid out the mission of the entity and its role in the government.
The Ministry of Mines and Energy (MinMinas) has injected a total of CoP$59.9B (US$20.5M) into projects in 69 municipalities through its production incentive program, which awards regions for meeting production goals in 2015. This and other royalty related stories in our periodic summary.
The Colombian Chamber of Oil Goods and Services (Campetrol) warned that recent attacks have targeted oil companies in Caquetá and Putumayo, departments where the Transition Zones of Normalization (ZVTN) are located, and will be used to concentrate the Farc, intensifying its tone against the presence of these camps near oil projects.
2025, Hydrocarbons Colombia, All Rights Reserved.
