The period of Juan Manuel Santos as president is about to end. German Arce, Minister of Mines and Energy, reported on investment results over the last eight years.
President-elect, Ivan Duque, spoke about some of his plans in the Collegiate Body for Administration and Decision (OCAD) and other key issues in a meeting with mayors of the country’s municipalities.
Through a resolution, Tolima’s Regional Autonomous Corporation (Cortolima) confirmed that it will no longer give permits for mining activities.
President-elect, Ivan Duque, announced that Ecopetrol’s (NYSE: EC) CFO, María Fernanda Suárez, will be the new Minister of Mines and Energy (MinMinas).
Late yesterday afternoon, Parex (TSX:PXT) issued a press release announcing that the Board of Directors had decided to “initiate a formal process to explore, review and evaluate strategic repositioning alternatives with a view to enhancing shareholder value.”
Frontera Energy Corporation (TSX: FEC) announced updates to some of its transportation contracts in Colombia, generating huge savings for the company. However, this has generated a controversy because CENIT has announced actions against FEC.
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