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Energy sector experts talked about how the energy transition process should be evolve in Colombia, and the role of natural gas in this process.

It is dressed up in fancier, greener language and other countries well known for their prudent economic management like Angola and Argentina (ahem!) are quoted as examples, but MinHacienda Juan Antonio Ocampo’s proposed oil export tax is really just a windfall tax on oil revenues which will be more burdensome for foreign companies than for Ecopetrol.

Through his social networks, President Gustavo Petro announced the new Minister of Mines and Energy (MinEnergia).

The new government of Gustavo Petro proposes a “traffic light of initiatives” in which those located in the red color will not be maintained in the next four-year term. Among these are the fracking pilots (PPII). Former President Ivan Duque talked about this issue.

A group of experts from the Department of Mining and Energy Law of the Universidad Externado and the Institute of Political Science Hernán Echavarría Olózaga (ICP) analyzed the opportunities and challenges to guarantee energy security in Colombia.

This date had been (virtually) red-circled in our Long Form Report planning calendar as the week to respond to whatever President Gustavo Petro said in his inaugural speech about energy. Frankly, he said almost nothing that he had not already said. But he did name his MinEnergia and that was news with implications for the industry.

Venezuela is evaluating the possibility of exporting natural gas to Colombia.

The technical team of Colombia’s Central Bank (BanRep) updated its forecasts on the behavior of Brent oil prices for this and next year.

Oil production in Colombia could be affected if exploration of new hydrocarbon areas is halted.

Gustavo Petro’s campaign promise to ban fracking will be fulfilled sooner rather than later.