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Regulations & Policy

Fracking, in stand-by?

This article by Hector Herrera for El Espectador talks about the countries that have benefited from the development of fracking, versus those that have banned the technique.

 

Tuesday, April 14th, 2020
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Agreement 01 of 2020 – Help in troubled times?

Frankly, the last time oil prices tumbled, the ANH was less than helpful. There was a grand event where the ANH and the then-minister announced great things! Only to have the agency’s lawyers and the board rip these ‘great things’ to shreds and create regulations that were more onerous and more costly than the ones from which the industry was supposed to have relief. Here Marianna Boza and the team from Brigard Urrutia give us an overview of the latest ‘help’. It does appear to help companies optimize their exploration portfolios but we will leave it to the firms themselves to decide if this is enough to compensate for Brent in the low 30’s.

Monday, April 13th, 2020
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ANH to help the industry

ANH to help the industry

The National Hydrocarbons Agency (ANH) and the Ministry of Mines and Energy (MinEnergia) announced an aid package for the industry, amid the Covid-19 pandemic.

Wednesday, April 8th, 2020
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Acipet on low prices

In his most recent Op-ed, the President of the Colombian Association of Petroleum Engineers (Acipet), Carlos Leal, spoke about the new oil crisis.

Wednesday, April 8th, 2020
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Gasoline prices and inflation

Gasoline prices and inflation

Colombia’s Statistics Department (DANE) spoke about inflation and the variables that influenced fuel prices during March 2020.

Tuesday, April 7th, 2020
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More changes in royalties’ resources

The government established that local authorities may use royalties’ resources to face the current health emergency.

Tuesday, April 7th, 2020
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What comes next for the Colombian economy?

This is the plan that the National Association of Financial Institutions (ANIFis asking the government to follow, to restart the economy once the mandatory isolation period is over. 

Monday, April 6th, 2020
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Reimagining Colombia

Some of you may have received an atypical Christmas gift, different from the gourmet baskets or glossy calendars that usually represent “thank you” from suppliers to customers. McKinsey & Company distributed an over 400-page traditional book entitled Reimagining Colombia: Visions of the country we can construct.

Monday, April 6th, 2020
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Oil reserves and low demand

Bloomberg analyzed the current global oil crisis and the challenges that it represents for the industry.

 

Thursday, April 2nd, 2020
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New dates for PPAA

New dates for PPAA

The National Hydrocarbons Agency (ANH) modified the schedule of the Permanent Competitive Process (PPAA), due to the current health emergency.

 

Wednesday, April 1st, 2020
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