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Regulations & Policy

Gas exploration tender was canceled

On August 29, 2024, Colombia’s National Hydrocarbons Agency (ANH) revoked Resolution No. 0406, which had initiated a public tender for the San Ángel 3 gas exploration project.

Thursday, September 12th, 2024
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Acipet’s message

After three days of intense academic and technical discussions focused on the future of Colombia’s energy industry, the 2023 edition of the Petroleum, Gas, and Energy Congress, organized by Acipet, concluded with a strong call for coordinated efforts to revitalize this crucial sector.

Wednesday, September 11th, 2024
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Plans to regulate carbon markets

Colombia’s Minister of Environment (MinAmbiente), Susana Muhamad, announced the government’s new framework for regulating carbon markets.

Wednesday, September 11th, 2024
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Oil and mining FDI

Oil and mining FDI

Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures as of July 2024. Here are the details.

Tuesday, September 10th, 2024
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No corporate tax cuts for extractive sector

The administration of President Gustavo Petro is finalizing the details of its new tax reform, which will soon be presented to Congress.

Tuesday, September 10th, 2024
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Key concerns raised at Acipet Congress

The 21st Colombian Congress on Petroleum, Gas, and Energy, organized by Acipet, kicked off in Barranquilla with a strong message: energy policy decisions must be based on data and thorough evaluation.

Tuesday, September 10th, 2024
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Colombia’s role in regional oil exports may decline

Colombia’s role in regional oil exports may decline

Latin America’s share in the global oil export market is expected to increase by 3% by the end of the decade, with countries like Brazil, Argentina, and Guyana driving this growth. In contrast, Colombia’s position in the regional oil market could decline, according to Rystad Energy’s projections.

Monday, September 9th, 2024
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Disruptions in hydrocarbon transport

Disruptions in hydrocarbon transport

Ecopetrol (NYSE: EC) announced significant operational disruptions caused by a series of recent events, including the ongoing truckers’ strike, attacks on critical oil pipelines, and the takeover of a key gas plant.

Thursday, September 5th, 2024
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Government supports anti-fracking law

The Ministry of Environment (MinAmbiente) expressed its support for an initiative led by social organizations and communities to prohibit fracking and unconventional oil and gas extraction in the country.

Thursday, September 5th, 2024
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Colombian State brought to court over energy sustainability

The Administrative Court of Cundinamarca accepted a lawsuit filed against several ministries and state entities, in response to growing concerns about the risk of gas and oil shortages in Colombia.

Thursday, September 5th, 2024
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