A hydrocarbon project in the Amazon rainforest has sparked heated debate, with environmental and human rights organizations voicing concerns.
Naturgas, the Colombian Natural Gas Association, declared on last Friday morning that the natural gas restriction for industries along the Caribbean coast has been lifted.
After the recent change in leadership at Colombia’s Ministry of Mines and Energy (MinEnergia), several key positions within the department and its affiliated entities are yet to be filled. One such position is the Presidency of the National Hydrocarbons Agency (ANH).
Frontera Energy (TSE: FEC) announced plans for the development of the inaugural Ikotia solar park in Puerto Gaitán, Meta, in collaboration with Enel X.
One of the most frustrating aspects of working in the Colombian countryside is the unclear boundaries of “prior consultation”. The constitution and international agreements require ethnic minorities to be consulted on issues that affect them – like infrastructure or resource development – but Congress has never dared to pass a law that regulates what this means. This is partially because such a law would itself have to be consulted before passage and there is a reasonable expectation that the affected minorities prefer the current ambiguity. Without a legal framework, work has progressed based on decrees and administrative procedures. Recently, the State Council nullified one of the fundamental decrees. The team at Brigard Urrutia wrote an opinion on the implications for oil and gas companies.
The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during July 2023.
In a recent address to the Colombian Congress, Finance Minister (MinHacienda) Ricardo Bonilla shed light on the potential for new contracts in oil and gas exploration in the country.
In a recent report, the Colombian natural gas sector, in collaboration with research institution Fedesarrollo, examined the potential costs of transitioning away from gas natural amidst the country’s energy shift.
The National Federation of Biofuels warned that the proposal to reduce the biodiesel blend in diesel could have adverse effects on the country’s environmental goals and various key aspects of the economy and quality of life.
In recent months, the significant rise in fuel prices in Colombia has stirred a range of opinions and concerns.
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