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Regulations & Policy

Santos visits Meta, calls for a productive balance

Colombian President Juan Manuel Santos visited the city of Villavicencio in the Meta Department and called for a balance between oil production and the environmental and social needs of the community.

Tuesday, July 2nd, 2013
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Royalty assistance for mayors an item on the political agenda

Colombia’s Unidad Nacional political party has put assistance to community mayors in obtaining funds from the General Royalty System (SGR) on the agenda, with a senior member suggesting changes might be needed at a congressional level.

Tuesday, July 2nd, 2013
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Ecopetrol’s Bioenergy land holdings exceed established limits

Ecopetrol, through its subsidiary Bioenergy, has land holdings that exceed the legal limits established by Colombian law.

Monday, July 1st, 2013
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Authorities, private firms meet to discuss offshore exploration regulations

Officials charged with managing Colombia’s sea commerce and resources met with oil companies performing offshore exploration to discuss regulations surrounding the activities.

Thursday, June 27th, 2013
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SGR hosts royalty discussion with department planning officials

The administrators of Colombia’s General Royalties System (SGR) hosted planning secretaries from the country’s departmental governments to discuss the accomplishments of the new royalty system in its first year and talk about its reach looking forward.

Tuesday, June 18th, 2013
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ANLA says nonconventional license terms still on track for November

The director of the ANLA said that plans are on track to have reference terms for the environmental licensing of nonconventional exploration and production by November.

Tuesday, June 11th, 2013
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The challenges for small producers

The challenges for small producers

This article is not about Interoil despite the title of the graph. Instead, Interoil’s recent May production announcement brought us to this graph which we thought illustrated perfectly a more universal issue.

Tuesday, June 11th, 2013
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Comptroller: Royalty use completely bottlenecked

In 2013 almost none of the assigned royalties from mining and energy production have been executed for regional projects and last year the investment of these funds amounted to only 5% of the total COP9.1TR (US$4.77B).

Thursday, June 6th, 2013
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SGR looks to academic sector to “Train the Trainers”, receives new projects, touts investments

The General Royalties System (SGR) is calling on Colombia’s academic institutions to help facilitate the proposal process in regions through a “Train the Trainers” program where the universities will play a greater role preparing regional institutions for the SGR proposal process. Parallel to this announcement, the entity also summarized the results of royalty investments in several areas and received new projects as well.

Tuesday, June 4th, 2013
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DNP chief: After one year, new royalties yielding positive results

The implementation of the new General Royalty System (SGR) -now in place for a year- has yielded positive results including greater transparency and access to funds for regions, according to Mauricio Santa Maria, director of the National Planning Department (DNP).

Tuesday, June 4th, 2013
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