With the Reficar and Bioenergy cost-overrun ‘scandals’ making the front pages once again, Ecopetrol (NYSE:EC) CEO Juan Carlos Echeverry is trying to get the press and public to focus on the positive: the uplift to production of refined products from the two plants.
The Energy and Gas Regulation Commission (CREG) recently organized an event to show its results during 2015 and 2016. HCC was present at the event; we bring a brief summary of the meeting.
A recent report from the government’s statistics bureau DANE confirmed that in 2015 the departments of Meta, Casanare and Santander represented 75% of the oil industry’s value in GDP terms. We looked at something related but more interesting as shown in the above graph.
Colombia’s Constitutional Court approved the ‘Fast Track’ bill which allows the government to start implementing the peace agreements with the Farc, and now the bill must be debated and voted on in congress.
The Ministry of Mines and Energy (MinMinas) organized an event to present its performance during 2016. MinMinas discussed Energy, Mining and Hydrocarbons, we will focus on our industry.
The president of the Dubai Chamber of Commerce and Industry (CCD) Hamad Buamim explained to Colombian press how his city’s economy has diversified past oil, and that it is a model which Colombia could follow and cooperate with.
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