We came across two profiles of recent executive appointments in Colombia which warranted a bit more attention: the arrival of Andrés Acosta as the new president of ExxonMobil (NYSE:XOM) Colombia, and of Felipe Bayón Pardo as Ecopetrol’s (NYSE:EC) COO.
Ecopetrol (NYSE:EC), Equion, and Parex Resources (TSX:PXT) have all been activie in the Llanos, as the new Governor promises to create a space to facilitate dialogue and reduce social conflict. These and other Corporate Social Responsibility (CSR) stories in our periodic roundup.
Services firm Halliburton (NYSE:HAL) had selected a plot of land to build a waste treatment center, but recent zoning changes could put it at risk, despite having received a warm welcome from municipal authorities.
The Ministry of Mines and Energy (MinMinas) has received a US$30M loan to improve its management of the sector, royalty control and the information available on the country’s subsoil, while the Finance Ministry received another loan to improve the Controller’s role in Colombia.
The Energy and Gas Regulation Commission (CREG) is charged with regulating the industries with the closest impact on the average consumer, electricity and natural gas, and the markets which supply these services.
No we are not going to give the inside scoop on who is buying whom. If we had that information (reliably) we would not be publishing a newsletter.
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