The project will be complementary to renovations already underway.
The South America-focused company will raise its capacity to export Colombian crude by 4,000b/d in a deal with Ecuador's state oil company Petroamazonas.
Ascendant Resources aims to reduce costs this year at its El Mochito primary zinc mine in Honduras following a successful ramp-up, CEO Chris Buncic tells BNamericas.
The local Galeno healthcare and insurance group obtained approval to operate in several new segments.
Approved by the lower house's science commission, the bill now goes to the economic commission.