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Regulations & Policy

The new program of the ANH Territorial Strategy

The National Hydrocarbons Agency (ANH) launched a new program as part of its Hydrocarbons Territorial Strategy (ETH) called “Transformational Leader” which looks to establish a new model of conflict management and peace building.

Wednesday, October 12th, 2016
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MinMinas freezes biofuel prices

The Ministry of Mines and Energy (MinMinas) has frozen the price of biofuels which it uses in its special fuel price formula. Palm growers and their association Fedepalma rejected the measure and warned that it will bring substantial losses for their industry.

Tuesday, October 11th, 2016
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Royalty Summary: More talk of reform

The executive director of the National Federation of Departments, Amylkar Acosta supported calls from the Colombian Petroleum Association (ACP) to President Juan Manuel Santos to reform the General Royalty System, and said it would contribute to neutralizing growing social conflict. This and other royalty related stories in our periodic summary.

Tuesday, October 11th, 2016
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Price drop an opportunity for change, says ACP

The Colombian Petroleum Association published a statement summarizing some of the main conclusions from its annual congress and said that if the oil industry’s success came after a reform; the price drop offers another opportunity for further reform.

Monday, October 10th, 2016
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Regulatory model for offshore production awaits

Before any of the companies carrying out offshore exploration can start producing hydrocarbons a regulatory model for the activity must be put in place to allow the activity, according to the general director of the Maritime Authority (Dimar) Vice Admiral Pablo Emilio Romero.

Monday, October 10th, 2016
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MinMinas plans to attract investment

The Minister of Mines and Energy Germán Arce detailed the measures being taken by the government to attract new investment for the sector, which the ministry believes could bring in an additional US$6.5B in investment for hydrocarbons and mining.

Thursday, October 6th, 2016
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IG warns local leaders on oil referendums

The Inspector General’s office issued a statement on the growing trend of public referendums to reject hydrocarbons production at the municipal level, and said that these are costly, the competence of the state and affect investment for social and economic development.

Thursday, October 6th, 2016
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Disaccord over conditions of returned Venezuelan gas

The reversal of gas between Colombia and Venezuela has been a long time coming, but Colombian business leaders are left discontented after it has been revealed PDVSA will not sell natural gas back to Colombia at the same price it received it.

Wednesday, October 5th, 2016
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ACIPET signs 8 cooperation agreements

The Colombian Association of Oil Engineers (ACIPET) signed eight cooperation agreements to enhance labor opportunities for its members, and handed out awards during its 2nd Innovation and Entrepreneurship Fair.

Wednesday, October 5th, 2016
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Government officials highlight the importance of the hydrocarbons industry

HCC was present at the Colombian Petroleum Association (ACP) congress 2016, held at the club El Nogal (Bogotá), and we bring a brief summary of the most important issues.

Tuesday, October 4th, 2016
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