In its latest analysis and forecasts of the oil sector, with data up to March 2024, the International Energy Agency (IEA) anticipates that Colombia’s oil production will stay relatively stable in 2024 compared to 2023 figures.
Surtidora de Gas del Caribe S.A. E.S.P. (Surtigas) reported its 2023 operational and financial results.
GeoPark (NYSE: GPRK) was recognized at the Schneider Electric Sustainability Impact Awards for its outstanding contributions to environmental sustainability.
As Colombia grapples with economic slowdown across key sectors like industry, commerce, and construction, attention turns to its low investment levels, particularly in private capital.
Promigas delivered outstanding results across all its business lines throughout 2023.
The National Business Council (CGN) expressed concerns about Decree 044 of 2024, issued at the end of January, which “establishes criteria for declaring and delimiting temporary reserves of natural resources within the framework of mining-environmental planning.”
Rodrigo Negrete, Director of the Environmental Licenses Agency (ANLA), announced that the government is preparing a legislative proposal that could change the environmental licensing process in the country.
In a recent statement, Finance Minister (MinHacienda) Ricardo Bonilla addressed the potential unilateral increase in diesel prices and ongoing dialogues with the transporters’ association.
Orlando Velandia Sepúlveda, President of the National Hydrocarbons Agency (ANH), highlighted the ambitious plan to ramp up oil and gas exploration in Colombia.
The Constitutional Court rejected the request for nullity filed against ruling C-489 of 2023, which declared the prohibition of deducting royalties from the income tax of non-renewable natural resource exploiters unconstitutional.
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