Venezuela, despite sitting on the world’s eighth-largest natural gas reserves and holding the biggest in Latin America, faces significant challenges in its gas production sector.
The National Administrative Department of Statistics (DANE) reported the value of Colombian imports during May 2024.
Minister of Mines and Energy (MinEnergia), Omar Andrés Camacho, announced a new expert commissioner of the Energy and Gas Regulation Commission (CREG).
Colombia wants to become the first oil-producing country to stop its oil exports and fossil fuel projects.
Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures as of June 2024. Here are the details.
The National Administrative Department of Statistics (DANE) has released the results of the Environmental and Economic Account of Mineral and Energy Resource Assets, revealing a decline in the reserve life index of four out of six key resources in 2023 compared to the previous year.
The National Hydrocarbons Agency (ANH) showcased various initiatives and experiences developed within its Technical Information Management department.
The government announced the nomination of a new expert for the Energy and Gas Regulatory Commission (CREG).
Oil and natural gas companies in Colombia are required to pay royalties to the state, which are then distributed among municipalities and departments to finance projects aimed at improving the quality of life for Colombians. However, in recent years, the expected royalty revenues have not been met, despite stable production levels.
A legal process against Colombia’s Ministry of Mines and Energy (MinEnergia) and the National Hydrocarbons Agency (ANH), spearheaded by Diego Fernando Forero González seeks to nullify the regulation that assigned new functions to the entity.
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