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Regulations & Policy

Industry and Legislative Decree

The government is seeking the industry’s help through the Legislative Decree 574, amid the health emergency.

Monday, April 20th, 2020
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Colombia and production cut

OPEC Members announced that they reached an agreement to cut oil production. Will the measure benefit Colombia?

 

Thursday, April 16th, 2020
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Sanitary practices for the industry

Sanitary practices for the industry

Authorities published sanitary measures and good practices for companies in the energy mining sector, amid the Covid-19 pandemic.

 

Wednesday, April 15th, 2020
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Acipet talks mass layoffs

The industry has reduced its operations worldwide due to the current crisis. The Colombian Association of Petroleum Engineers (Acipet) spoke on the matter.

 

Wednesday, April 15th, 2020
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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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