So far six ministers have resigned irrevocably from President Gustavo Petro’s cabinet, including his combative MinAmbiente Susana Mohamad since the first of February after three left in January. The rest have been asked to resign pro forma so the president can create a new cabinet. Why and where are we going?
The National Hydrocarbons Agency (ANH) announced the updated tariffs for Economic Rights applicable to Exploration and Production (E&P), Exploration and Exploitation (E&E), and Technical Evaluation Agreements (TEA) contracts that are not governed by Agreement 2 of 2017.
The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during December 2024.
In response to the ongoing humanitarian and security crisis in the Catatumbo region, the Colombian government issued Decree 0131 of February 5, 2025, aimed at expediting the execution of projects funded by the General System of Royalties (SGR).
The Energy and Gas Regulatory Commission (CREG) issued Resolution 102 015, updating the regulatory framework of Colombia’s Wholesale Natural Gas Market.
Bogotá and Sweden reaffirmed their commitment to sustainability and social development through a Letter of Intent, paving the way for key projects, including an innovative biogas pilot plant.
The Colombian government’s push to sell Ecopetrol’s (NYSE: EC) stake in the Permian Basin (Texas, USA), where it operates in partnership with oil giant Occidental Petroleum (NYSE: OXY), has triggered warnings from multiple stakeholders, including Citi, labor unions, and industry associations.
The Energy and Gas Regulatory Commission (CREG) issued a draft resolution aimed at facilitating the transportation of natural gas by utilizing underused or soon-to-be decommissioned infrastructure.
In a recent update on the energy sector, Grupo Santander upgraded Ecopetrol’s (NYSE: EC) rating from neutral to outperform.
During Colombia’s energy uncertainty, the ultra-deepwater Komodo-1 project emerged as a potential solution to expand the country’s oil and gas reserves. However, Ecopetrol (NYSE: EC) and Anadarko are increasingly pessimistic about the feasibility of exploration and production any time soon.
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