The former head of the Colombian Petroleum Association Alejandro Martínez says that structural changes are needed to mitigate the impact of the fall in foreign investment in Colombia and foment exploration.
The National Mining Congress included a presentation of the ‘Mining Compass’, a commissioned study that found growing pessimism for the future of the industry, but an improvement in the general public opinion facing this industry.
Ecopetrol (NYSE:EC) president Juan Carlos Echeverry gave another interview, emphasizing offshore and clarifing that in the Llanos development remains strong despite cuts in investment.
“Colombia demands proof that their will for peace is real. We do not want more rhetoric” was the emphatic call this week of President Juan Manuel Santos a week after a guerrilla attack left 11 soldiers dead, while critics call for a halt to negotiations.
But the statistical odds are not good given recent history. President Juan Manuel Santos has changed MinMinas every year.
MinMinas Tomás González was in Houston this week at one of industry’s most important conferences, CERAWeek. This is a marketing opportunity certainly but also a look at the official point of view.
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