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Regulations & Policy

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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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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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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“Killing the golden goose:” Sánchez says

Camilo Sánchez, president of the Council of Business Associations (Consejo Gremial) and Andesco, expressed grave concerns about Colombia’s energy future.

Wednesday, January 15th, 2025
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Gas import pricing policy

The Energy and Gas Regulatory Commission (CREG) is currently exploring measures to ensure that imported gas does not significantly impact the prices for consumers.

Wednesday, January 15th, 2025
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ANH oversight scandal

The Inspector General Office imposed a twelve-month suspension on Juan Carlos Vila Franco, former Head of Information and Communication Technologies at the National Hydrocarbons Agency (ANH).

Wednesday, January 15th, 2025
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Komodo-1 project: Yes (finally) but maybe no afterall

The Komodo-1 offshore exploration project, a joint initiative by Anadarko (OXY) and Ecopetrol (NYSE: EC), is facing significant hurdles following the issuance of its environmental license by Colombia’s Ministry of Environment and the National Environmental Licensing Authority (ANLA).

Monday, January 13th, 2025
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