Colombia mulls sweeter conditions for oil cos as firms foundColombia mulls sweeter conditions for oil cos as firms founder
By Luis Jaime Acosta
BOGOTA, March 17 Tue Mar 17, 2015 5:31pm EDT
(Reuters) - Colombia may extend a sliding-scale royalty system to older oil production concessions and prolong certain contracts to provide incentives to explore for oil at a time when the sector is coping with a drop in prices, the government said on Tuesday.
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https://www.reuters.com/article/2015/03/17/colombia-oil-royalties-idUSL2N0WJ28H20150317?type=companyNews