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Concerns over Ecominerales

The Ministry of Mines and Energy (MinEnergia) pushed to create the Colombian Minerals Company, known as Ecominerales. However, the Inspector General’s Office voiced serious concerns regarding the viability and implications of this ambitious project.

Monday, June 17th, 2024
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“Curb Your Enthusiasm” … about CCUS

The title caught my eye instantly in Carbon Tracker’s monthly newsletter so I quickly downloaded the report and signed up for the associated webinar. I also quickly found the analysis focused exclusively on the UK and some very specific conditions but it got me thinking about Carbon Capture Usage and Storage and Colombia.

Sunday, June 16th, 2024
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Diesel price increase for large consumers

Diesel price increase for large consumers

Colombia’s Minister of Finance (MinHacienda), Ricardo Bonilla, announced an increase in diesel prices for large consumers.

Thursday, June 13th, 2024
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Forensic audits to monitor royalties

President Gustavo Petro Urrego called for comprehensive forensic audits to oversee the allocation and use of peace funds and royalties in the country.

Thursday, June 13th, 2024
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Orca-Chuchupa gas pipeline

Ecopetrol announced an important decision for the construction of the Orca-Chuchupa gas pipeline.

Thursday, June 13th, 2024
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Replacing extractive income with tourism

Colombian President Gustavo Petro tasked his new Minister of Commerce with reinforcing plans to transition the country’s economy away from its reliance on coal and oil revenues—key economic drivers—toward agroindustry and tourism.

Thursday, June 13th, 2024
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Orca well profitability

Orca well profitability

In December 2014, Ecopetrol announced its first deep-water hydrocarbon (natural gas) discovery in the Caribbean Sea off the coast of Colombia at the Orca-1 well, located 40 kilometers north of La Guajira.

Wednesday, June 12th, 2024
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“New contracts won’t guarantee more gas reserves”: Velandia says

Orlando Velandia, president of the National Hydrocarbons Agency (ANH), emphasized that Colombia’s energy security is not at risk and assured that the government is actively seeking to utilize existing and potential discoveries.

Wednesday, June 12th, 2024
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A new call for the Pacific regasification plant

Mauricio Palma, the Deputy Director of Hydrocarbons at the Unit of Mining and Energy Planning (UPME), announced a that the Colombian government is determined to proceed with a new call for proposals to build the Pacific regasification plant.

 

Wednesday, June 12th, 2024
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Cesar gains project oversight

The National Environmental Licensing Agency (ANLA) announced a significant measure to recognize the Cesar Governor’s Office as a third-party intervenor in multiple national interest projects.

 

Wednesday, June 12th, 2024
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