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Regulations & Policy

Gas imports keep the lights on

Gas imports keep the lights on

While writing this past Monday’s article on finding more gas from existing sources, imported gas was always in the background. As domestic production falls and lack of rainfall restricts hydro power generation, imported gas kept, or rather keeps, thermogenerators running and Colombians’ lights on.

Tuesday, October 29th, 2024
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Miners challenge environmental decree

Colombian miners are challenging a government decree before the State Council, arguing that the legislation threatens the country’s mining sector.

Tuesday, October 29th, 2024
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MinEnergia addresses gas rationing

The Colombian government announced a scheduled rationing of natural gas in the Caribbean region, a temporary measure aimed at ensuring the continuity of electricity supply during maintenance work at a regasification plant.

Monday, October 28th, 2024
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Misinterpretation of gas crisis

Colombia’s energy sector spotlighted a pressing issue: a looming gas shortage. However, President Gustavo Petro’s response, where he mistakenly attributed maintenance at the country’s only regasification facility, SPEC LNG, to routine operations at a thermoelectric plant, underscored a disconnect in understanding critical infrastructure and so a crisis management gap.

Monday, October 28th, 2024
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Growing pessimistic about 2025

Growing pessimistic about 2025

Despite oil prices being volatile due to unrest in the Middle East, many oil traders remain pessimistic about the market outlook for 2025.

Friday, October 25th, 2024
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Velandia on gas uncertainty

Orlando Velandia, president of Colombia’s National Hydrocarbons Agency (ANH), addressed concerns about the country potentially facing a gas shortage by 2025.

Friday, October 25th, 2024
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AI and robots transform oil industry

The integration of artificial intelligence (AI), edge computing, and robotics is poised to bring significant advancements to the oil and gas industry.

Wednesday, October 23rd, 2024
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Rumors of higher gas tariffs

Amid growing concerns about a potential gas shortage in Colombia, there’s increasing speculation about a rise in household gas tariffs.

Wednesday, October 23rd, 2024
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Bolivia’s socialist dream collapses

For years, Bolivia was seen as a rare socialist success in Latin America, achieving economic growth, low inflation, and reduced poverty. However, the country’s mismanagement of its gas resources provides a cautionary tale.

Tuesday, October 22nd, 2024
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200% carbon tax hike?

Colombian Finance Minister (MinHacienda) Ricardo Bonilla appeared before the Senate’s Commission IV to introduce a new tax reform bill, known as the “Financing Law.”

Monday, October 21st, 2024
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