News and AnalysIs for

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.

The Ministry of Mines and Energy (MinEnergia) announced fuel prices for October 2023. Here are the details.

The second day of ACIEM’s ENERCOL energy conference headlined the petroleum sector starting with the new MinEnergia, Andrés Camacho, followed by Clara Guatame of the ANH and then David Riaño, VP of Low Emission Solutions at Ecopetrol. The minister talked about the Just Energy Transition and Riaño reviewed material that the NOC had presented in Wall Street a couple of weeks before. But the National Hydrocarbons Agency was interesting, mainly for what it didn’t emphasize – hydrocarbons.

In Colombia’s ambitious journey towards a sustainable energy future, natural gas has emerged as a crucial component.

In a significant development, the National Mining Agency (ANM) foresees a historic surge in royalty collections for 2023, attributed to improved adherence to payment obligations and a thriving mining sector.

In a candid conversation with the Washington Post, Colombian President Gustavo Petro acknowledged that discontinuing oil and gas exploration will have an impact on the country’s public finances.

The Inspector General’s Office has issued a significant decision regarding open-pit coal mining E&P in Colombia, involving the participation of the National Mining Agency (ANM).

The Minister of Environment and Sustainable Development (MinAmbiente), Susana Muhamad, advocated for environmental causes and prohibiting fracking plays a key role in this.

As the government gears up to provide subsidies to taxi drivers in response to rising gasoline prices, Gasnova suggests that subsidizing propane would be a more environmentally sound approach, favoring a cleaner fuel over more polluting alternatives.