Search for your article of interest

Regulations & Policy

Colombia’s oil reserves dwindle

Colombia’s oil reserves dwindle

Colombia’s oil reserves are running low. According to the latest figures from the Ministry of Mines and Energy, the country has only 7.2 years of proven oil reserves left, a notable decline from the 8.4 years reported when President Gustavo Petro took office in 2022.

Thursday, July 10th, 2025
Usefulness:

Colombia eyes Monómeros acquisition

During a recent visit to Venezuela, Colombia’s Minister of Mines and Energy (MinEnergia), Edwin Palma, expressed the country’s keen interest in acquiring Monómeros, the petrochemical company based in Barranquilla but owned by Venezuela’s Pequiven.

Thursday, July 10th, 2025
Usefulness:

Drop in Colombian exports to U.S.

Colombia is facing a worrying decline in its exports to the U.S. and China, largely driven by sharp reductions in oil and coal sales.

Wednesday, July 9th, 2025
Usefulness:

Ecopetrol and Colombia’s tax authority

A dispute between Colombia’s state oil company, Ecopetrol (NYSE: EC), and the National Tax and Customs Directorate (DIAN) escalated over the payment of a 19% Value Added Tax (VAT) on fuel imports made between 2022 and 2024.

Wednesday, July 9th, 2025
Usefulness:

Fedesarrollo warning

Colombia’s next president will inherit a daunting array of simultaneous crises, according to Luis Fernando Mejía, Director of Fedesarrollo.

Monday, July 7th, 2025
Usefulness:
Exports transition falters

Exports transition falters

Over the past three years, Colombia has taken deliberate steps to reduce its reliance on oil and coal, its top two export commodities.

Friday, July 4th, 2025
Usefulness:

Environmental licenses delayed by corporate inflexibility

As energy and infrastructure projects across Colombia await environmental licenses, Alfred Ballesteros, Director of the Corporación Autónoma Regional de Cundinamarca (CAR), said the blame often lies not with government red tape, but with the “stubbornness of companies” failing to meet environmental requirements.

Friday, July 4th, 2025
Usefulness:

Oil price assumptions in Colombia’s fiscal outlook

In its latest Medium-Term Fiscal Framework (MTFF), Colombia’s Ministry of Finance (MinHacienda) projected that Brent crude oil prices will reach US$76 per barrel by 2036.

Friday, June 27th, 2025
Usefulness:

Regulatory changes

The Colombian Energy and Gas Regulatory Commission (CREG) is preparing a series of regulatory adjustments to ease the pressure of rising energy and gas tariffs on consumers, particularly due to growing dependence on imported natural gas.

Wednesday, June 25th, 2025
Usefulness:
ECP’s transfers to drop

ECP’s transfers to drop

A sharp decline in Ecopetrol’s (NYSE: EC) contributions to the Colombian government is anticipated over the next few years, according to projections outlined in the recently published Medium-Term Fiscal Framework (MFMP).

Monday, June 23rd, 2025
Usefulness: