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Regulations & Policy

Putumayo blockades deepen concerns on camps

Putumayo oil operators have denounced the presence of new blockades being carried out by unidentified individuals near one of the Farc concentration zones, raising fresh concerns that these areas could represent a threat to the oil industry.

Monday, August 15th, 2016
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CREG gas regulatory change will halt investment

The outgoing president of the Colombian Natural Gas Association (Naturgas) Eduardo Pizano warned that a series of changes that the Energy and Gas Regulation Commission (CREG) has made to distrubtion regulation will halt investment. He also gave details on the reasons for his departure from the entity.

Thursday, August 11th, 2016
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Campetrol expresses concern on Farc camps

The Colombian Chamber of Oil Goods and Services (Campetrol) expressed its concerns that concentration zones designed to house Farc members include a number of oil producing municipalities, even though the government has said it would avoid parks, mining operations, borders or indigenous zones.

Thursday, August 11th, 2016
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Peace Summary: Protocols and pessimism

The government and Farc have announced the protocols to be used to implement the bilateral and definitive ceasefire and the laying down of arms. But a recent poll shows an alarming increase in pessimism regarding the process and that if held today, a “no” vote would win in a plebiscite.

Thursday, August 11th, 2016
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Petroleum FDI in 1Q16 a mixed story

Petroleum FDI in 1Q16 a mixed story

Colombia’s central bank updated its official numbers for Foreign Direct Investment (FDI) in the petroleum sector and there is good news and bad news.

Wednesday, August 10th, 2016
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ACP defends fracking

The Colombian Petroleum Association (ACP) offered up its most detailed defense of fracking in Colombia as one of the important strategies for growth in production in the near future, saying “it is nothing new and can be done safely”.

Wednesday, August 10th, 2016
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Labor Minister warns oil labor crisis affecting regions

The Labor Minister Clara López has warned that a profound labor crisis is affecting the departments of Meta, Casanare and Vichada, as 50% of the 120,000 jobs with the oil industry have been lost during 2015 and 2016 thus far.

Wednesday, August 10th, 2016
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ACP’s Lloreda outlines argument for tax benefits

With the second half of 2016 already underway, a promised tax reform from the government could be in the works, and the president of the Colombian Petroleum Association (ACP) outlined the entity’s arguments for greater incentives for the industry in recent interviews.

Tuesday, August 9th, 2016
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Hopes for petrochemicals, offshore on the Atlantic coast

The Atlántico Department has high hopes for innovation that can be gained from having several potential industries increasing activity at home: agroindustry, offshore exploration, petrochemicals and metalworking.

Tuesday, August 9th, 2016
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ANH president leads energy forum in congress

The president (acting) of the National Hydrocarbons Agency (ANH) Orlando Velandia participated in a forum in the Senate to discuss an energy agreement “The International Energy Charter”, of which Colombia forms a part. He also talked about the importance of supporting the hydrocarbons industry.

Monday, August 8th, 2016
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