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Environmental licenses, hurdles for mega projects

Environmental licenses remain a significant obstacle for various energy projects in Colombia, posing challenges for the industry and its stakeholders and becoming a major cause of delays, ultimately jeopardizing the country’s energy security.

Monday, May 6th, 2024
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Mining labor reconversion?

President Petro urged the Ministry of Labor (MinTrabajo) to take charge of the labor reconversion of miners in La Guajira to prevent them from ending up jobless.

Monday, May 6th, 2024
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“If its war, its war”

Colombian President Gustavo Petro said this in his X (Twitter) account after the country’s Armed Forces successfully downed 15 dissident FARC soldiers near hotspot El Plateado, Cauca. Maybe it was the president’s well-known flare for the dramatic. Maybe it was frustration. Maybe it was a message to the dissident FARC or the ELN or the Clan del Golfo or all. Maybe it was a mix of all three reasons.

Monday, May 6th, 2024
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Taxation ‘eats up’ foreign investment

Taxation ‘eats up’ foreign investment

The oil and mining sector was responsible for 34.3% of Colombia’s foreign direct investment in 2023, but taxes are affecting this.

Thursday, May 2nd, 2024
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Technical void at ECP?

Ecopetrol (NYSE: EC) shuffled its top management last week with six new appointments, but the reasons for the departure of the Executive Vice President of Operations, Alberto Enrique Consuegra, with 30 years of experience in the energy sector and seven at the Ecopetrol Group, remained unclear.

Thursday, May 2nd, 2024
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Reficar case: final update

The arbitration saga surrounding the Reficar case has reached its conclusion, marking a significant victory for Colombia.

Thursday, May 2nd, 2024
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Fuel subsidy for taxi drivers

The Colombian government’s long-awaited promise to provide fuel subsidies for taxi drivers has finally come to fruition, with the Department of Social Prosperity (DPS) spearheading the initiative.

Thursday, May 2nd, 2024
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Geopark operational update

Geopark operational update

GeoPark Limited (NYSE: GPRK) announced its operational update for the three-month period ended March 31, 2024.

Thursday, May 2nd, 2024
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Gas’ role to face crisis

The supply of natural gas has surged in Colombia, playing a pivotal role in averting a power outage amidst the ongoing challenges posed by the El Niño phenomenon.

Thursday, May 2nd, 2024
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CNE corporate update

Canacol Energy Ltd. (TSX: CNE) provided the following update regarding the sale of its shareholdings in Arrow Exploration Corp, gas sales and drilling operations update.

Thursday, May 2nd, 2024
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