At the XXII Colombian Petroleum, Gas, and Energy Congress organized by Acipet, Orlando Velandia, President of the National Hydrocarbons Agency (ANH), hinted that Colombia could soon receive major news on offshore exploration, particularly in the Caribbean Sea.
Oil and gas industry companies in Colombia with foreign investors have no doubt had to answer questions this week about the US government’s decision to “decertify” the country. What does this mean and what do we think of the impact?
The controversy over fracking resurfaced during the Oil, Gas, and Energy Transition Forum held in Barrancabermeja, organized by Ecopetrol and the Unión Sindical Obrera (USO).
Colombia’s Comptroller General has identified 14 findings totaling CoP$78.8B in projects financed through the General System of Royalties (SGR), exposing serious flaws in initiatives across technology, science, energy, housing, and transportation.
Colombia’s business community has voiced alarm over the U.S. government’s decision to decertify the country in its anti-narcotics efforts, warning that the move could erode investor confidence, weaken the peso, and strain bilateral trade ties.
Colombia risks losing CoP$38T (US$9.5B) and up to 74,000 jobs if the country proceeds on its energy transition without a clear and orderly strategy, according to a new report by the National Federation of Coal Producers (Fenalcarbón) and the Regional Center for Energy Studies (Cree).
President Gustavo Petro’s government introduced its third tax reform, once again tightening fiscal pressure on Colombia’s oil and coal producers.
Colombia has revived a politically charged idea: importing natural gas from Venezuela before year-end.
Coviandina, the Bogotá–Villavicencio concessionaire, confirmed a total closure on the old Llanos road to carry out improvements between kilometer points K18+340 and K18+980.
Colombia’s energy transition is colliding with regional economics, as a new report by the National Federation of Coal Producers (Fenalcarbón) and the Regional Center for Energy Studies (CREE) warned that an accelerated coal phase-down could trigger severe social and fiscal shocks in mining territories.
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