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Ambitious goal to boost oil production

Thursday, May 23rd, 2024

Colombia’s Finance Minister (MinHacienda), Ricardo Bonilla, outlined the government’s economic goals for the near future.

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Colombia tightens oil regulation

Colombia tightens oil regulation

In a move aimed at increasing oil and gas reserves, the Colombian government is preparing regulatory adjustments to prompt greater activity from operators holding currently inactive oil and gas exploration areas. Making the most of what you have makes sense, but we think the proposed implementation is, frankly, dumb.

Wednesday, May 22nd, 2024
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TGI reports strong 1Q24 results

Transportadora de Gas Internacional (TGI), a subsidiary of Grupo Energía Bogotá (GEB), reported robust financial results for the first quarter of 2024.

Wednesday, May 22nd, 2024
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Major Irregularities found in OCAD Paz projects

The Inspector General uncovered significant irregularities in the use of resources intended for implementing the peace agreement, as part of its oversight of the General System of Royalties (SGR).

Wednesday, May 22nd, 2024
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Ecominerales project advances

At the regional TUED Global Policy Meeting for Latin America and the Caribbean, Álvaro Pardo, President of the National Mining Agency (ANM), presented the draft law for the creation of Ecominerales.

Wednesday, May 22nd, 2024
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Oil and mining FDI

Oil and mining FDI

Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures as of April 2024. Here are the details.

Tuesday, May 21st, 2024
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MinHacienda on royalties, again

The Colombian Constitutional Court held an extraordinary hearing to determine the future of a ruling that declared the non-deductibility of royalties from corporate income tax for companies exploiting natural resources in Colombia as unconstitutional.

Tuesday, May 21st, 2024
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