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Economic rights tariffs for 2025

The National Hydrocarbons Agency (ANH) announced the updated tariffs for Economic Rights applicable to Exploration and Production (E&P), Exploration and Exploitation (E&E), and Technical Evaluation Agreements (TEA) contracts that are not governed by Agreement 2 of 2017.

Thursday, February 13th, 2025
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Sirius-2 and local communities

The Sirius-2 offshore gas discovery, the largest in Colombia’s history, promises to transform the country’s energy sector. However, beyond its economic and strategic value, the project’s success will depend on engaging local communities and ensuring that its development brings shared benefits.

Thursday, February 13th, 2025
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Oil exports value in 2024

Oil exports value in 2024

The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during December 2024.

Wednesday, February 12th, 2025
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Royalties for Catatumbo

In response to the ongoing humanitarian and security crisis in the Catatumbo region, the Colombian government issued Decree 0131 of February 5, 2025, aimed at expediting the execution of projects funded by the General System of Royalties (SGR).

Wednesday, February 12th, 2025
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CREG issues new resolution

The Energy and Gas Regulatory Commission (CREG) issued Resolution 102 015, updating the regulatory framework of Colombia’s Wholesale Natural Gas Market.

Wednesday, February 12th, 2025
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Biogas pilot project

Bogotá and Sweden reaffirmed their commitment to sustainability and social development through a Letter of Intent, paving the way for key projects, including an innovative biogas pilot plant.

Wednesday, February 12th, 2025
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GEB vs. Hocol

GEB vs. Hocol

Following Vanti’s announcement of a 36% increase in gas bills for users in Cundinamarca, various sectors have responded, alleging possible speculation by gas distributors.

Wednesday, February 12th, 2025
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GeoPark refinances debt

GeoPark Limited (NYSE: GPRK) successfully completed a US$550M senior notes offering due 2030.

 

Wednesday, February 12th, 2025
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Further increases in gas prices?

In recent hours, Vanti announced a significant increase in residential natural gas tariffs, with prices rising by up to 36%.

Wednesday, February 12th, 2025
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Solution to natural gas shortage?

The agricultural sector emerged as one of the key drivers of Colombia’s economy in 2024. By the third quarter, it was the fastest-growing sector, expanding at an annual rate of 10.7%. After coffee, which had an exceptional year, permanent crops such as sugarcane showed the highest growth.

Wednesday, February 12th, 2025
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