The Minister of Mines and Energy (MinEnergia), Diego Mesa, spoke about what will change for producing municipalities in 2021, as a result of modifications to the General Royalties’ System (SGR). These and other stories in our periodic Royalties summary.
Some may think I should publish my comments about Mexico in Hydrocarbons Mexico but HCM readers already know this sad tale and these remarks are going to be related to Colombia as well.
The Deputy Minister of Finance (MinFinance), Juan Londoño, spoke about the government’s expectations for oil production and prices.
The State Council reversed a long-standing decision about local taxes on oil and gas companies, sparking a controversy over the payment of royalties’ resources and the Industry and Commerce tax (ICA).
Ecopetrol’s (NYSE: EC) CEO, Felipe Bayón, spoke about the company’s results in 3Q20 and gave his forecast for Fracking Pilot Projects (PPII).
The NOC spoke about the increasing number of clandestine taps in its pipelines, and what it represents for its finances. The development of these and other stories in our periodic Security summary.
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