During the 1st Energy Exploration Convention, the Colombian Association of Geologists and Geophysicists of Energy (ACGGP) addressed the recent 2023 oil and gas reserves report by the National Hydrocarbons Agency (ANH).
Amid the fallout from the ruling that reaffirmed the nullification of the tax reform article prohibiting the deduction of royalties from income tax for mining and oil companies, the Constitutional Court has offered a final lifeline to the government.
The Colombian Chamber of Goods and Services (Campetrol) reported rig information for April 2024.
Canacol Energy Ltd. (TSX: CNE) provided the following update regarding scheduled interest payment, termination of Fitch Ratings coverage, and exploration drilling program.
Amidst the growing uncertainty in Colombia’s hydrocarbon sector due to recently reported low oil and gas reserves, new controversial measures are being considered to boost exploration and production.
Darío Restrepo, Director of the Misión de Descentralización at National Planning Department (DNP), discussed the role of the General Royalties System (SGR) in funding Colombia’s peace agreement.
NG Energy International Corp. (TSXV: GASX) announced its annual audited consolidated financial statements, for the fiscal year ended March 31, 2024.
Frank Pearl, president of the Colombian Petroleum and Gas Association (ACP), shared his insights on the country’s energy transition, emphasizing the need for a tailored approach that addresses Colombia’s unique challenges and opportunities.
The Colombian Natural Gas Association, Naturgas, raised concerns about the potential for an energy shortage in the country due to a continued decline in proven natural gas reserves.
Ricardo Bonilla, Colombia’s Finance Minister (MinHacienda), discussed the implications of a recent Constitutional Court ruling regarding the deductibility of royalties, which is expected to result in substantial tax refunds to oil, gas and coal companies.
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