The Petro administration announced a significant economic reactivation plan that will allocate funds from royalties to various industrial, tourism, housing, energy, agricultural, and construction sectors.
Frequent contributor Tomás de la Calle brings us his overview of 100 years of Colombian government oil industry policy. He tells us to look at the history in terms of three distinct ages: The Ancient Age, The Elephants Age and The Capybaras Age.
Colombia is poised for significant growth in its agricultural sector, particularly in the production of ethanol from sugarcane.
Finance Minister (MinHacienda) Ricardo Bonilla outlined the government’s strategy for economic recovery, indicating that recent national economic figures and expert estimations suggest the country “has entered a path of recovery.”
The Ministry of Environment (MinAmbiente) released a draft resolution aimed at updating the “Environmental Management Guide for Oil and Gas Well Drilling Projects.”
Amid the fiscal crisis that prompted the Colombian government to cut this year’s budget by CoP$20T, the Center for Economic Studies (Anif) published a recent report detailing the impact of the last two tax reforms.
The Petro administration’s policy of no new hydrocarbon exploration contracts has ignited debates about the future of Colombia’s energy sovereignty.
The Colombian Petroleum and Gas Association (ACP) elected new members to lead its Board of Directors for the upcoming year.
Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures as of May 2024. Here are the details.
President Gustavo Petro announced upcoming changes to his ministerial cabinet, with at least seven ministries expected to see new leadership in the coming days. Among these is the Ministry of Energy and Mines, currently led by Andrés Camacho.