The industry, headed by the Colombian Petroleum Association (ACP) and Ecopetrol (NYSE:EC), attended the second work meeting with President Iván Duque and his team.
The government agreed to modify the National Development Plan (PND), including an article that could lower the Value Added Tax (VAT) on gasoline and diesel. Will this impact gasoline prices?
Representatives of the sector talked about the relevance of unconventional deposits to considerably increase reserve and production metrics.
Opinions on the development of fracking in Colombia are still divided, but this might be the ‘missing piece of the puzzle’ to assure a healthy debate on the matter.
The Colombian government announced the terms of reference for the Permanent Competitive Process (PPAA), generating high expectations in the oil sector. The companies have shown their interest in developing oil projects in new regions of the country.
The National Environmental Licensing Agency (ANLA) asked Montajes JM SA to present detailed information about its project in Cundinamarca. Here are the details.
The Colombian Chamber of Goods and Services (Campetrol) organized a forum on water protection in Sogamoso (Boyaca). There were local and national authorities, environmentalists, academics and representatives from the oil sector.
The National Environmental Licensing Agency (ANLA) gave an update on its latest activities to assure best practices in the development of new projects.
Ivan Duque, President of Colombia, tabled a project to reform the General System of Royalties (SGR) a few weeks ago, opening a political debate on this issue.
Colombian authorities continue to insist on the construction of a new regasification plant in Buenaventura, although some experts have expressed their rejection of this alternative. The Mining and Energy Planning Unit (UPME) spoke about this project.
2025, Hydrocarbons Colombia, All Rights Reserved.
