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Regulations & Policy

State Council on fracking

State Council on fracking

The possibility of implementing unconventional techniques such as fracking is still under discussion in Colombia. The government considers that unconventional projects are key to the country’s energy future but there are still many doubts about this with the authorities. The State Council ruled on this possibility.

Monday, June 10th, 2019
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ANLA on Hocol project

The National Environmental Licensing Agency (ANLA) has been reporting on its monitoring processes. This time, the entity ruled on a Hocol project located in the department of Tolima.

Monday, June 10th, 2019
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Acipet’s educational sessions

The Colombian Petroleum Association (Acipet), Ecopetrol (NYSE:EC), and the NOC’s transport subsidiary, Cenit, hosted academic meetings in 61 different areas of influence.

Monday, June 10th, 2019
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Vasconia discount falls again

Vasconia discount falls again

There was a ‘tempest in a teapot’ the last week or so about the ANH’s use of WTI reference points for the Permanent Assignment Process. The ‘usual’ way of talking about prices in Colombia is Brent. But the bulk of Colombian crude is much heavier than either. The country has its ‘own’ blends but the one that we can get data on is Vasconia.

Thursday, June 6th, 2019
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Court denies anti-oil referendum in Tauramena

The boom in referendums jeopardized industry activities around the country. This issue has been calm during this year, but some processes are still underway. The Administrative Court of Casanare ruled on a consultation in the municipality of Tauramena.

Thursday, June 6th, 2019
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“Ecopetrol is taking steps towards the privatization of its pipelines”: USO

According to the union, Ecopetrol’s (NYSE:EC) management is letting go hundreds of personnel from the company’s Transport Vice-presidency (VIT) area. Here are the details

 

Thursday, June 6th, 2019
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Is Colombia running out of royalties?

The Minister of Mines and Energy (MinMinas), María Fernanda Suarez, spoke to El Espectador about the potential risk that the country’s royalties’ budget might be under, if oil reserves continue to deplete.

 

Wednesday, June 5th, 2019
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ANLA’s requests to ECP and OXY

The National Environmental Licensing Agency (ANLA) reported on the follow-up process to Ecopetrol (NYSE:EC) and Occidental Colombia’s (OXY) projects.

 

Wednesday, June 5th, 2019
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First blocks (almost) awarded in 5 years

First blocks (almost) awarded in 5 years

The National Hydrocarbons Agency’s (CNH) first “window” of the Permanent Competitive Process (PPAA) took place in Bogotá. HCC attended the event.

Tuesday, June 4th, 2019
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ANLA on compensation areas

The National Environmental Licensing Agency (ANLA), Non-Governmental Organizations (NGOs) from the environmental sector and the Regional Autonomous Corporations (CAR), announced advances in the identification of compensation areas.

Tuesday, June 4th, 2019
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