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Regulations & Policy

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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First regional methane summit

The Latin American Energy Organization (OLADE), the Development Bank of Latin America and the Caribbean (CAF), the Global Methane Hub, and Colombia’s Ministry of Mines and Energy (MinEnergia) recently hosted the First Regional Methane Summit.

Wednesday, September 4th, 2024
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MinEnergĂ­a condemns attacks against oil infrastructure

The Ministry of Mines and Energy (MinEnergia) strongly condemned the recent attacks on national energy infrastructure in the department of Arauca.

Wednesday, September 4th, 2024
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Royalties at risk due to irregular contracts

The National Planning Department (DNP) of Colombia released an alarming report concerning the fate of royalty funds distributed over the last seven years.

Wednesday, September 4th, 2024
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Colombia’s dependency on oil

At the recent ForoLR event, Colombian Minister of Finance (MinHacienda) Ricardo Bonilla and other experts provided a comprehensive overview of the country’s economic trajectory, particularly focusing on its reliance on oil and coal.

Tuesday, September 3rd, 2024
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