In its ruling C-420, Colombia’s Constitutional Court upheld the corporate income surtax imposed on the mining and energy sector, as established in the 2022 tax reform.
Nelson Castañeda, president of the Colombian Chamber of Oil, Gas, and Energy Goods and Services (Campetrol), outlined five key pillars that the industry hopes to implement in collaboration with the government and local authorities.
Energy experts and industry associations have been warning for months about the potential gas shortage Colombia may face starting in 2025. Concerns arise as projections show a deficit in natural gas supply, causing many to question the government’s management of this critical issue and its plans to ensure energy self-sufficiency.
The Mining and Energy Planning Unit (UPME) awarded audit contracts for five key infrastructure projects as part of Colombia’s National Gas Supply Plan (IPAT). These projects are essential for expanding the country’s natural gas transportation capacity and ensuring reliable supply across different regions.
The Colombian Government, through the Ministries of Finance (MinHacienda) and Mines and Energy (MinEnergia), submitted a budget proposal for royalties.
President Gustavo Petro delivered a message to Ecopetrol (NYSE: EC).
Orlando Velandia, President of Colombia’s National Hydrocarbons Agency (ANH), described the latest gas discovery figures from Ecopetrol (NYSE: EC) and Petrobras (NYSE: PBR) as “good news” for the country.
At the VII Oil and Gas Summit, the consulting firm Jaime Arteaga y Asociados presented the sixth edition of the Petroleum Barometer, a comprehensive study that tracks public perceptions, concerns, and expectations regarding Colombia’s oil and gas sector.
During the VII Oil, Gas, and Energy Summit, Orlando Velandia, President of the National Hydrocarbons Agency (ANH) of Colombia, addressed critical concerns about the country’s natural gas sector, particularly the looming deficit projected for 2025.
At the close of the ANIF Capital Markets Seminar, Ángela Hurtado, President of JP Morgan Colombia, talked about the key factors driving investment capital outflows from Latin America and how this region’s behavior contrasts with the rest of the world.
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