The Center for Economic Studies of the National Association of Financial Institutions (ANIF) spoke about the industry’s situation in 2017, and its forecasts for 2018.
Seems like the actions taken by Hocol and Ecopetrol (NYSE: EC) to control environmental emergencies in Purificación (Tolima) and Tumaco (Nariño), have not been enough for their communities. The development of these and more stories in our periodic Eco summary.
Last week the United Nations mission of environmental experts published its preliminary report on the La Lizama well, giving the ‘scandal’ another mediatic bump. This may be the last such flurry for a while, but the industry will be paying the consequences for some time.
The government has been working on a bill to regulate prior consultations in the country. German Arce, Minister of Mines and Energy (MinMinas) spoke about the progress in this important project for the industry and the country.
Empresas Publicas de Medellin (EPM) and Canada’s investment fund, Brookfield, are competing for Gas Natural; a firm that holds more than 35% of the national gas distribution in Colombia. How would each firm change if winning the tender?
The union spoke about Ecopetrol’s (NYSE: EC) alleged debt with Barrancabermeja, which according to them, has been accumulating since 2014.