The former Minister of Mines and Energy, Irene Vélez, is set to return to government service under President Gustavo Petro, this time with the National Infrastructure Agency (ANI).
Time was when we could count on a negative correlation between oil prices and the Colombian peso that provided countercyclical relief. Not anymore.
GeoPark, along with Hocol, confirmed a new exploratory success in the Llanos-123 block.
As Colombia braces itself for the upcoming El Niño phenomenon set to hit in November, Liquefied Natural Gas (LNG) emerges as a crucial fuel for the electric sector to prevent potential power shortages.
In a resounding statement during a debate in the Senate, the Minister of Environment and Sustainable Development (MinAmbiente), Susana Muhamad, affirmed that the proposed mining reorganization decree does not halt this activity in the country.
Despite the decision to freeze fuel prices for the month of October, the Colombian government under President Petro has stated that gasoline prices in the country will continue to rise.
Clara Guatame, the President of the National Hydrocarbons Agency (ANH), has outlined specific measures to safeguard Colombia’s reserves of oil and natural gas, all while contributing to the country’s economic growth.
The global and Colombian agendas continue to prioritize the energy transition as a crucial step towards achieving decarbonization goals in the fight against climate change. In this context, natural gas plays a pivotal role, and NG Energy is making significant contributions to this transition.
As October unfolds, Colombia enters the final quarter of the year, signifying the conclusion of the first period of the current congressional term.
In August 2023, Reficar filed a request before a Federal Judge in New York to confirm an arbitration award for enforcement in the US, the main business hub of McDermott, the parent company of CB&I.
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