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Regulations & Policy

Can industry and communities ‘meet in the middle’?

HCC attended the second day of the Oil and Gas Summit, where industry experts spoke about social issues in the territories, and potential solutions to approach them.

Thursday, November 14th, 2019
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No OCAD’s, no Royalties for the regions?

The Reform to the General Royalties’ System (SGR) includes modifications to the Collegiate Bodies for Administration and Decision (OCAD), which might have a negative impact for the regions. These and other stories in our periodic Royalties summary.

Thursday, November 14th, 2019
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Is gas the new oil?

This year’s Oil and Gas Summit took place in Bogotá, providing a space for industry experts to discuss relevant issues like Colombia’s energy transition process. HCC attended the event.

Wednesday, November 13th, 2019
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MinHacienda talks Ecopetrol’s sale

According to the Minister of Finance (MinHacienda), Alberto Carrasquilla, his team is “not considering selling ISA, Ecopetrol nor Cenit.” Here are the details.

Wednesday, November 13th, 2019
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Ecopetrol produces cleaner gasoline

Ecopetrol (NYSE:EC) reported that it started producing and shipping cleaner and better quality gasoline. Here are the details.

 

Thursday, November 7th, 2019
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Comptroller General talks Royalties

The Comptroller General conducted a study on the use of royalties in different regions of the country, finding irregularities in the way the resources are being used.

 

Thursday, November 7th, 2019
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“Authorities are working on rules for fracking”: Bayón

CEO Felipe Bayón spoke about what Ecopetrol (NYSE:EC) expects to achieve with Fracking Pilot Research Projects (PPII), and about where authorities are in the process of coming up with regulations on the matter.

 

Wednesday, November 6th, 2019
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UK suspends fracking

The industry wants to develop unconventional projects around the world, but fracking continues to generate doubts and concerns. The UK closed the door to this alternative, for now.

 

Wednesday, November 6th, 2019
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Experts talk oil prices

Experts talk oil prices

Oil prices began to show signs of recovery a year ago, generating high expectations for their behavior during 2019. Political and economic issues, however, have affected this metric.

Tuesday, November 5th, 2019
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Authorities talk PDET

The government spoke about the results of its Territorial Development Programs (PDET), which it develops together with the industry.

 

Tuesday, November 5th, 2019
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