The National Planning Department (DNP) announced some of the projects that were pre-selected for the ‘Well Invested Royalties Award,’ aimed at promoting the good use of resources from the General Royalty System (SGR). These and other stories in our periodic Royalties summary.
The Colombian Association of Petroleum Engineers (Acipet) and other industry groups asked the Constitutional Court to review the “unconstitutional” nature of popular consultations and spoke about their proposals to assure that locals make better informed decisions.
Foreign direct investment (FDI) has been recovering slightly in recent months. This behavior has increased the government’s expectations about this important metric for this year and the Ministry of Commerce, Industry and Tourism (MinComm) announced its FDI projections for 2018.
The union announced that it will develop regional workshops to prepare the list of requests that will be submitted to Ecopetrol (NYSE: EC).