According to official figures, Colombia’s FDI increased during August as a result of oil industry investments.
The oil sector has proposed the development of unconventional projects to increase the country’s oil reserves and ensure self-sufficiency in the long term. However, this has generated much controversy and many Colombians have expressed their rejection of this possibility.
The Ministry of Mines and Energy (MinMinas) announced new measures to discuss the oil sector’s future and the transition of the country’s energy matrix.
The National Hydrocarbons Agency (ANH) announced several exploration drilling projects for this year, generating many expectations about its possible benefits for the country’s reserves. However, the plans have not advanced as quickly as expected.
A bill filed by Cambio Radical political party aims to regulate the prior consultation process in Colombia.
Natural gas distributors have been complaining about delays in the regulation of transport tariffs for years. These were established back in 2004, and expired in 2009.
Dinero, one of the most important business newspapers in Colombia, spoke with Julio Cesar Vera, president of the Colombian Association of Petroleum Engineers (Acipet), about issues that have been considered ‘controversial.’
The National Administrative Department of Statistics (DANE) reported the value of Colombian exports in July. This increased compared to the same period last year and the extractive sector played a key role in this behavior, once again.
In addition to the popular actions recently filed to try and stop the implementation of fracking in Colombia, now a group of lawyers filed a bill that seeks its prohibition.
This week the Duque government’s new hydrocarbons team was finalized. What will they do? What should they do?
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