The Colombian oil sector managed to overcome the crisis and the price environment is favorable for companies at present. The industry is facing good times, but there are several challenges to overcome as well.
The propane sector has been discussing about the possible subsidies expansion throughout the country in recent months. The Colombian Association of Natural Gas (Naturgas), the Colombian Association of Propane (Gasnova) and politicians spoke on this alternative.
The Ministry of Mines and Energy (MinMinas) announced the new Director of the National Hydrocarbons Agency (ANH). The entity highlighted the challenges of the new ANH head for the coming years.
The Colombian government announced the new director of the National Agency of Environmental Licenses (ANLA).
Prices are up but there is still a lot of uncertainty. As we go into the fall planning and budgeting season, what (if anything) can we say about the future?
The National Hydrocarbons Agency (ANH) spoke about the Permanent Competitive Procedure System, approved on August 6th, 2018.
Many representatives of the mining and oil sector argue that the tax burden in the country is high compared to other countries. Luis Álvaro Pardo, an economist, analyzed the taxes paid by companies in the country.
Colombia’s Collegiate Body for Administration and Decision (OCAD) spoke about approved projects in the departments of Casanare, Arauca and Antioquia. These and other stories in our periodic Royalties summary.
We hit a new record for articles about fracking (pro and con) for a single week. There were more articles both pro (25) and con (33) than we had ever seen in a single week for the combined total (21) but the Fracker Tracker slipped further into the red.
Francisco José Lloreda, President of the Colombian Petroleum Association (ACP), spoke about important issues for the oil sector such as production, royalties and popular referendums among other issues in an interview for the business paper Dinero.
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