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“New contracts won’t guarantee more gas reserves”: Velandia says

Orlando Velandia, president of the National Hydrocarbons Agency (ANH), emphasized that Colombia’s energy security is not at risk and assured that the government is actively seeking to utilize existing and potential discoveries.

Wednesday, June 12th, 2024
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A new call for the Pacific regasification plant

Mauricio Palma, the Deputy Director of Hydrocarbons at the Unit of Mining and Energy Planning (UPME), announced a that the Colombian government is determined to proceed with a new call for proposals to build the Pacific regasification plant.

 

Wednesday, June 12th, 2024
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Cesar gains project oversight

The National Environmental Licensing Agency (ANLA) announced a significant measure to recognize the Cesar Governor’s Office as a third-party intervenor in multiple national interest projects.

 

Wednesday, June 12th, 2024
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Gas shortage effects

Gas shortage effects

Colombia’s leading companies are bracing for a sharp increase in energy costs as the nation’s dwindling natural gas production forces a reliance on expensive imports to prevent shortages.

Tuesday, June 11th, 2024
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Venezuela’s gas exports: an update

The importation of natural gas from Venezuela to Colombia remains a hotly debated issue among stakeholders in the hydrocarbons sector.

Tuesday, June 11th, 2024
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Mechanism to track royalties

In a significant move to ensure the effective use of royalties in Colombia, the President of the Colombian Association of Petroleum and Gas (ACP), Frank Pearl, announced the creation of a monitoring mechanism for managing these resources.

Tuesday, June 11th, 2024
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US law firms investigate ECP

In the US, four law firms have launched investigations into Ecopetrol (NYSE: EC) to determine whether the company or any of its executives violated US securities laws or engaged in improper business practices.

Tuesday, June 11th, 2024
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Oil exports value in April

Oil exports value in April

The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during April 2024.

Monday, June 10th, 2024
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Petro wants zero FDI in extractive industry

President Gustavo Petro emphasized Colombia’s progress in shifting from an extractive to what he calls “a productive economy”.

Monday, June 10th, 2024
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New gas policy

The Ministry of Mines and Energy (MinEnergia) published a draft decree to amend Chapter 2, Title II, Part 2, Book 2 of Decree 1073 of 2015.

Monday, June 10th, 2024
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