The recent Colombian Petroleum Association (ACP) congress brought experts from all over the world, and a number of them offered a common theme in their presentations: to stay competitive the regulatory framework and fiscal policy must adapt to the industry.
The twisted system which dictates local hiring in Meta for oil projects is getting more attention, and a local paper says that the murder of community leader Edith Santos just over a year ago has helped unveil the dark process and its benefactors.
In its latest accusation against Pacific E&P (TSX:PRE), the USO claims the firm has been actively campaigning to block its workers from joining the union ranks, and so will take legal action against the operator.
Last week we commented on the biofuel association’s attempt to win friends and influence people over rising – or at least not falling very fast – fuel prices, blamed by MinMinas on the association’s products: ethanol and biodiesel.
Editor’s Note: If the news from Havana is to be believed, we are less than six months away from the signing of a peace accord with the Farc.
The Colombian Petroleum Association (ACP) used its recent congress to push for a tax reform that would address a heightened fiscal load on companies in order to improve investment, but President Juan Manuel Santos has ruled it out for 2015.
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