News and AnalysIs for

Authorities confirmed that the Congress will discuss a Bill to modify the General System of Royalties (SGR).

Canacol Energy Ltda. (TSX: CNE) started a strategy to sell its conventional oil assets in Colombia some months ago. The company announced a update of this progress and return of capital to shareholders.

During the ninth ‘Construyendo País’ (literally: ‘Building our Country’) workshop, the Minister of Mines and Energy (MinMinas), María Fernanda Suárez, announced an increase to the royalties’ budget.

Colombia continues to discuss the possibility unconventional techniques to increase oil reserves and production. Maria Fernanda Suarez, Minister of Mines and Energy (MinMinas), spoke on this topic in a debate.

Fuel smuggling between Colombia and Venezuela has always been an issue and has recently escalated to historic levels. How does it work?

The National Agency of Environmental Licenses (ANLA) announced a technical team to follow up on the Ecopetrol (NYSE: EC) project Oripaya block located in the municipality of San Jose de Cucuta in the department of Santander.

The union reacted to the Agreement signed with Ecopetrol (NYSE:EC) and spoke on what is left to eventually discuss.

Based on a reader question, we decided to look at the available data on reinjected gas. That did not turn out to be easy, at least going back in time, (See Methodological Note) but did allow us to look at some other interesting questions like solving the looming supply gap.

At the recent ACIEM Enercol Conference, there was a very interesting debate about the second regasification plant. Even I have to admit the bureaucrats made their case.

The oil price recovery has generated high expectations in the private and public sector due to its multiple benefits. Experts talked about the behavior of oil prices and its possible benefits for Colombia.