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Regulations & Policy

Time is ticking

Time is ticking

The Senate’s Fifth Commission will soon decide on three projects that could potentially ban fracking in Colombia. Industry experts spoke about what could happen if authorities close the doors to unconventional resources.

Thursday, November 15th, 2018
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“We cannot despise oil”: Duque

Iván Duque, President of Colombia, inaugurated the First Oil and Gas Summit: 100 years promoting the development of Colombia. HCC was present at the event and we bring a brief summary of the meeting.

Thursday, November 15th, 2018
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Popular action against the Pacific Regasification Plant

Cundinamarca’s Administrative Court admitted a lawsuitthat seeks to annul the Pacific Regasification Plant project.

 

Thursday, November 15th, 2018
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“The measure generates legal uncertainty”: Naturgas

Colombia’s Natural Gas Association (Naturgas) spoke about the effects of the State Council’s decision to suspend existing fracking regulation.

 

Wednesday, November 14th, 2018
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Fiscal incentives for good ECO-behavior

The National Agency of Environmental Licenses (ANLA) announced fiscal benefits to firms that prevent pollution scenarios and work towards improving Colombia’s environmental conditions.

 

Wednesday, November 14th, 2018
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Senator Perez talks Ecopetrol and oil prices

During the political control debate that took place in Senate’s Fourth Commission, Senator and president of that Commission, Nicolás Pérez, spoke about Ecopetrol’s (NYSE: EC) assets and Colombia’s finances.

Tuesday, November 13th, 2018
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State Council suspends fracking regulations

Late Friday afternoon, the State Council issued a decision suspending existing fracking regulation. Recent governments have denied there was any regulation on fracking so it is not clear what the implications might be, nor is it clear what impact this might have on Ecopetrol’s (NYSE:EC) proposed trial.

Monday, November 12th, 2018
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No bias here but only the NOC need apply

The non-public oil sector proposed pilot fracking projects in the Magdalena Medio Valley (VMM) to show Colombians that these projects could be developed in a friendly way with the environment. However, the National Agency of Environmental Licenses (ANLA) decided against this alternative.

Monday, November 12th, 2018
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Who is on the MinMinas ‘Committee of Experts’?

The Minister of Mines and Energy (MinMinas) announced that 10 experts will define the future of fracking in Colombia. We looked at who was appointed, what might be known about their pre-conceptions and what the implications might be.

Monday, November 12th, 2018
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Challenges of oil transportation in Colombia

The oil sector has invested large amounts to improve its operations and be more efficient. The oil transport has not been left behind and the industry is betting on the technological improvements to achieve economic benefits.

 

Thursday, November 8th, 2018
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