Army General Rubén Darío Alzate is back at home and after a few speed bumps, the talks will restart on December 10th. But the incident has left a scar on the talks, and questions persist about how the commander became the first general to fall into the hands of the Farc.
Ecopetrol (NYSE:EC) says that it has made a discovery of an accumulation of natural gas at its Orca-1 well in the offshore Tayrona block, the first discovery in the deep waters of the Colombian Caribbean.
Ecopetrol (NYSE:EC) announced hiring trends of its contractors over the last three months, and said that of the nearly 30,000 posts generated, 90% of them went to local labor.
Pacific Rubiales (TSX:PRE) announced their 2015 outlook, which looks to slash costs, facilitate cash flow and brace for a lower oil price. The main target is Mexico, where the company also announced a joint venture with Mexican investment group ALFA to develop projects in that market.
A constitutional reform stalls in the Senate, while the number of critics of the royalty system in Colombia’s congress grows, with a number of lawmakers taking a harsher tone against the national government. These and other royalty related stories in our periodic summary.
The Labor Ministry (MinTrabajo) has published a resolution that defines the list of municipalities where special requirements for local hiring will be implemented through a decree published in October.
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