According to the National Hydrocarbons Agency (ANH), Colombia is finally ready to start pilot projects for the development of unconventional resources.
The gasoline market has seen great movements in its players during the closing months of 2018, generating changes for the next year. Four companies are positioned as the most important for this market.
After a few debates in the Senate, the Ministry of Finance (MinHacienda) and the Ministry of Mines and Energy (MinMinas) confirmed how next year’s royalties’ budget will be allocated. These and other stories in our periodic Royalties summary.
Frontera Energy (TSX: FEC) announced its full year 2019 plan and guidance information. The company recalled that Colombia is key for its plans. The Board of Directors announced dividend to be paid in January 2019.
The countdown for 2019 officially started and the government will soon have to decide on the new royalties’ budget for the regions.
The Colombian fuel market received one of the heavyweights of the region this year, Primax, a subsidiary of the Romero Group. Carlos Gonzales, CEO of Primax, spoke about the firm’s plans in Colombia.
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