Colombia’s reserves are slowly coming to an end, affecting the country’s economy. Experts spoke on the matter.
The protection of the environment and water sources has been one of the main topics of discussion in recent years. Local authorities initiated an ambitious project in the Valle del Cauca on reforestation and environmental protection.
Ecopetrol (NYSE:EC) reported that it implemented its contingency plan in the departments of Cesar and Norte de Santander, after oil spills were reported by authorities. The development of these and more stories in our periodic Eco summary.
Ecopetrol’s (NYSE: EC) reported its exports metrics for the first quarter of 2019. ECP export distribution is changing, but the United States remains as the principal destination of Colombian crude. The company reported a decrease in this metric compared to previous quarter, but it increased compared to 1Q18.
The Colombian Chamber of Petroleum Goods and Services (Campetrol) brought authorities and industry representatives together, to analyze the sector’s territorial strategy. Here are the details.
The Colombian government implemented the “Works for Taxes” strategy to allow companies to pay taxes through projects in their areas of influence. Authorities announced the projects for this year and the committed investment.