News and AnalysIs for

The governor of Boyacá, Carlos Amaya, called for the temporary and immediate suspension of a contract for an alleged fracking project in the department, and asked the National Hydrocarbons Agency (ANH) to educate the community about it.

The Ministry of Mines and Energy (MinMinas) spoke about its ‘Building Territory’ project, which seeks to bring industry and communities closer together.

Colombian authorities want to boost the oil exploration and production in the country to guarantee energy self-sufficiency over the long term. The National Hydrocarbons Agency (ANH) announced projects to achieve this goal and the Tax Refund Certificate (CERT) plays a key role.

As we reported on Monday, Ivan Duque (Centro Democratico) won the presidential elections against leftist Gustavo Petro. The Colombian Petroleum Association (ACP) spoke about his challenges as Colombia’s new president.

The World Trade Organization (WTO) asked Colombia to continue with the process of diversifying its economy, in a scenario of industry and political instability.

Legal insecurity has increased in recent years in Colombia due to lack of clarity in the rules of the game. The Departmental Comptroller’s Office of Cundinamarca ruled on environmental licenses in mining matters.

The second round of Colombia’s Presidential Election is over and, as we reported in our newsletter today, Iván Duque will be the country’s next President. See our analysis article for what that will mean for the oil and gas industry. As before, we wanted to see how the top oil-producing departments behaved.

As the polls predicted, the Centro Democrático’s candidate, Iván Duque, won the Colombian Presidential elections and will be sworn into office on August 7^th. Investors breathed a collective sigh of relief. Had his opponent, Gustavo Petro, won, uncertainty would have increased considerably.

The National Hydrocarbons Agency (ANH) announced a new regulatory framework that would make Colombia’s oil contracts one of the most competitive in the region.

The Colombian Association of Petroleum Engineers (Acipet) spoke about its concern regarding the treatment that some of Ecopetrol (NYSE: EC) engineers received after the incident in La Lizama.