News and AnalysIs for

No, we are not talking about Gustavo Petro’s plans to shift Colombia’s energy matrix to renewables, although that might turn out to be one part of the solution. Instead, MinMinas is looking for medium and long-term proposals without prejudging the technology.

Newspaper La Republica recently published an excellent distillation of the essential differences between the two remaining candidates for Colombia’s Presidency, Iván Duque and Gustavo Petro.

The Colombian oil sector is experiencing times of great uncertainty, due to the presidential elections and the boom in the anti-oil referendums. This situation could affect the development of several agreements between the government and oil companies, especially the Exploration and Production (E&P) contracts. We will analyze the production that is at stake due to this situation.

German Espinosa, President of the Colombian Chamber of Petroleum Services (Campetrol) spoke about oil activities in Colombia, the care of the environment and the industry’s contributions to the regions and the economy of Colombia.

Colombia was accepted to join the exclusive Organization of Economic Cooperation and Development (OECD). This means opportunities and obligations for the country with implications for investors.

The Ministry of Mines and Energy (MinMinas) reported gas production figures for April 2018. Gas has been showing a recovery compared to figures of last year.

The Ministry of Environment (MinAmbiente) announced changes to the Manual of Environmental Compensation for large projects. This document is vital for the extractive sector, as it is the guide to compensation in environmental and ecological issues.

The General Maritime Directorate organized a workshop for those who will be inspecting offshore platforms. ANH President Orlando Velandia was invited to talk about the offshore oil and gas opportunity.

We looked at how the top oil producing departments voted and, if it had been just their decision, the second round would have been Duque-Fajardo not Duque-Petro.

German Arce, Minister of Mines and Energy (MinMinas), wrote an article about the goals and plans of the government in the oil sector in the newspaper El Espectador. He highlighted the relevance of the Caribbean region for the future of the sector.