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Regulations & Policy

MinAmbiente, MinMinas agree to create protocol for seismic exploration

The Ministry of Mines and Energy (MinMinas) and the Ministry of Environment and Sustainable Development (MinAmbiente) have agreed to create a protocol and environmental guide for contractors to follow, citing in particular seismic exploration activities.

Sunday, December 8th, 2013
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Governors to call on Santos for greater decentralization

During the LXXII ordinary assembly of the 32 departmental governors the regional leaders will formulate a request for President Juan Manuel Santos to make a true push for greater administrative decentralization and regional autonomy.

Wednesday, December 4th, 2013
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MinMinas says fuel prices down yoy, outlines formula concepts

The Ministry of Mines and Energy (MinMinas) published an outline of the policy alignments of the formula to set fuel prices, and said that prices will remain stable in December and have actually shown a 4% decrease compared to last year.

Wednesday, December 4th, 2013
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MinMinas signs energy cooperation agreement with US government

The Colombian government, by way of the Ministry of Mines and Energy (MinMinas) signed a memorandum of understanding with the US government in Washington DC to cooperate on energy matters.

Wednesday, December 4th, 2013
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Beware of Stereotypes: Royalties

Beware of Stereotypes: Royalties

It is far too easy to use stereotypes. We at HCC are as guilty as anyone of saying things like ‘heavy Llanos oil’. The phrase ‘Colombian royalties are 20%’ comes too easily to the tongue. The graph clearly shows the diversity of royalty percentages in the country and by basin.

Wednesday, December 4th, 2013
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Forum says hydrocarbon reforms essential to peace

A forum organized by social activist Ólder Alexis Cáceres on conflict and policies on natural resources claims hydrocarbons reform to protect natural resources is a must for lasting peace. Resources must be protected from profit-driven private industry, activists argue.

Thursday, November 28th, 2013
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Senator: Oil referendum a result of disapproval of indiscriminate exploration activities

Senator: Oil referendum a result of disapproval of indiscriminate exploration activities

Senator Maritza Martínez said during a senate debate that the environmental and social damage caused by exploration and production in Arauca, Casanare and Meta are a cause of concern and create the need for public referendums like the one scheduled in Tauramena, Casanare.

Thursday, November 28th, 2013
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MinMinas says modernized refineries could lower fuel costs

MinMinas says modernized refineries could lower fuel costs

The Ministry of Mines and Energy (MinMinas) has presented its formula to lower fuel costs at the pump and also believes that the modernization of national refineries could also contribute to a lower price in the midterm.

Tuesday, November 26th, 2013
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Monterrey now analyzing public approval of seismic work

The municipality of Monterrey has presented a socialization of the Odisea 3D seismic exploration project and its environmental impact to the municipal council so that council members can issue a statement regarding the project and possible bring it to a public referendum.

Tuesday, November 26th, 2013
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ANH looking to the 2014 Round

ANH looking to the 2014 Round

The National Hydrocarbons Agency (ANH) has set its sights on the 2014 Round to award new E&P contracts as a potential boost to investment in the hydrocarbons sector.

Thursday, November 21st, 2013
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