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Regulations & Policy

Corruption alert in Casanare

A group of journalists from Yopal (Casanare) promoted a campaign via twitter to protect the resources from the General System of Royalties (SGR), arguing that they could be vulnerable to fall into corruption. These and other stories in our periodic Royalties summary.

Thursday, October 19th, 2017
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ACIPET congress

The Colombian Association of Petroleum Engineers (ACIPET) organized its XVII oil and gas Colombian congress in Bogota. Representatives of the sector and the government inaugurated this event and HCC bring a brief summary of what they said.

Wednesday, October 18th, 2017
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Authorities want SETP to use natural gas

With the aim of improving air quality in Neiva, local authorities announced that they are working on a pilot project for the new Public Transport Strategic System (SETP) buses to switch to natural gas (VNG).

Wednesday, October 18th, 2017
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Centralized royalties?

The National Federation of Departments (FND) said that centralizing royalties affects the development of projects in the regions, while the government argued that it supports autonomy but called for absolute transparency to prevent corruption cases.

Tuesday, October 17th, 2017
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Gulfsands update contract

Gulfsands Petroleum plc (AIM: GPX) announced an update of the terms and conditions governing its Putumayo-14 License (PUT-14 license) in Colombia, after negotiations with the ANH.

Thursday, October 12th, 2017
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OCAD approves projects throughout Colombia

Different Collegiate Bodies for Administration and Decision (OCAD) announced the approval of royalty-funded projects in the departments of Casanare, Tolima and Valle, among others. These and other stories in our periodic Royalties summary.

Thursday, October 12th, 2017
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ACP talks SSJ tender

The deadline for companies to make comments on the terms of reference of the Sinú – San Jacinto auction was October 10th. National business paper Portafolio published the ACP’s comments.

Wednesday, October 11th, 2017
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New schedule for SSJ tender

The 14-week schedule that was initially established by the National Hydrocarbons Agency (ANH) for the Sinú- San Jacinto tenders was extended to 24 weeks.

Monday, October 9th, 2017
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Hupecol officials investigated

Colombia’s Attorney General is investigating several officials of Hupecol Operating Co. for possible environmental damage.

Wednesday, October 4th, 2017
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“Energy and mining projects do not have a social license”: Martínez

Senator of the U Party, Maritza Martínez, asked the government and the industry to stop stigmatizing popular consultations because they are a citizen participation mechanism that allows locals to defend their natural resources.

Monday, October 2nd, 2017
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