The hydrocarbon sector represents 2.5% of the world’s GDP and 31% of the planet’s primary energy supply, and the world’s reserves are dominated by a few players. Local experts commented on the implications for Colombia.
The ANH published a proposal to modify the selection criteria for hydrocarbons exploration, evaluation, and production contracts in Colombia.
The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during February 2022.
ACP’s Francisco José Lloreda spoke about the consequences of stopping oil exploration and companies’ plans for this year.
Russian President Vladimir Putin warned of the consequences of leaving aside Russian hydrocarbons.
Authorities reported the balance available to be allocated in the General Royalties System (SGR).
New presidential election polls have come out and, once again, they predicts that Gustavo Petro will win in a runoff on June 19th. We also recently published a roundup of the leading candidates opinions of the oil and gas industry and all were in favor except Petro. That paints an unpleasant future for the industry but this may be exaggerating the risks.
The National Planning Department (DNP) announced progress on regional projects financed with the General Royalties System (SGR).
The governor of Atlántico, Elsa Noguera, announced significant advances in the ‘Gas for the People’ strategy.
The Energy and Gas Regulatory Commission (CREG) announced a new regulatory commission expert.
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