The National Environmental Licensing Agency (ANLA) spoke about the scope of Article 321 of the National Development Plan (PND), regarding investments of not less than 1% for projects that use water from natural sources.
Frontera Energy Corporation (TSX: FEC) announced its third quarter 2019 operational update. Colombia production decreased in 3Q19 compared to previous quarter, while the firm’s drilling campaign is advancing satisfactorily.
The Colombian government considers the oil sector as one of the pillars to reactivate the economy and employment in the country. Authorities have high hopes for the benefits of Works for Taxes and the industry plays a key role in this.