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ACIPET call

The Colombian Association of Petroleum Engineers, Energy, and Related Technologies (ACIPET) expressed concern over delays and potential setbacks facing the Komodo-1 well project.

Monday, January 20th, 2025
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Long term planning – beyond August 7th, 2026

Last week we wrote our annual Fearless Forecasts article which focuses on the quantitative. But we also talk about the policy environment, really about politics and that proves especially important in the runup to elections in 2026. Readers ask us frequently about what comes next after August 7th, 2026. We realized that the topic deserved an analysis of its own.

Monday, January 20th, 2025
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Rig count in November

Rig count in November

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for November 2024.

Thursday, January 16th, 2025
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Breaching international treaties

Brookfield, the Canadian multinational managing Isagen, accused the Colombian government of violating international treaties.

Thursday, January 16th, 2025
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Appeal for Komodo-1

The National Environmental Licensing Authority (ANLA) confirmed that the Komodo-1 gas project, a key initiative for Colombia’s future gas self-sufficiency, is facing delays due to appeals filed against its environmental license.

Thursday, January 16th, 2025
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Costs for freight transport to rise

A proposed policy by Colombia’s Ministry of Trade (MinComercio) could significantly impact the freight transportation sector by increasing tariffs on vehicles, tires, and spare parts by 10% to 20%.

Thursday, January 16th, 2025
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Oil production in Colombia

Oil production in Colombia

Crude oil production was up slightly in November of this year, according to the figures posted on the ANH’s website.

Thursday, January 16th, 2025
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Ecopetrol and AIQ partner

Ecopetrol (NYSE: EC) joined forces with AIQ, an Emirati multinational, to accelerate the energy transition and integrate artificial intelligence (AI) into their operations.

Thursday, January 16th, 2025
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White hydrogen projects

Colombian President Gustavo Petro signed a groundbreaking decree to implement white hydrogen projects, setting a clear path for the nation’s energy transition in 2024.

Thursday, January 16th, 2025
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Paris agreement impact

The 2015 Paris Agreement has significantly influenced the financial landscape for fossil fuel companies.

Thursday, January 16th, 2025
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