Search for your article of interest

Regulations & Policy

Legal setback for Hupecol over Caño Cristales

The Administrative Court of Cundinamarca rejected the E&P’s lawsuit, which sought compensation of over CoP$20B for damages and more than US$12M for opportunity costs, El Tiempo reported.

Thursday, April 4th, 2024
Usefulness:

Minhacienda’s royalty ruling dilemma

The Constitutional Court received a proposal from Minister of Finance (MinHacienda) Ricardo Bonilla outlining four ways to mitigate the effects of a ruling that overturned the prohibition on extractive companies deducting royalties from income tax.

Tuesday, April 2nd, 2024
Usefulness:

A President with oil phobia

Former congressman Jorge Enrique Robledo made waves at the Ecopetrol (NYSE: EC) shareholders’ assembly by challenging the agenda and proposing changes he believes are essential to prevent further financial losses for the company’s shareholders.

Tuesday, April 2nd, 2024
Usefulness:

Royalty reform sparks concern

The National Planning Department (DNP) has swiftly responded to President Gustavo Petro’s recent announcement regarding a reform on royalties, emphasizing prioritizing issues like clean water over the development of infrastructure projects, such as fourth-generation roads.

Wednesday, March 27th, 2024
Usefulness:

Status of oil contracts

Colombia’s self-sufficiency relies on the 302 contracts issued in previous years, covering over 15 million hectares.

Wednesday, March 27th, 2024
Usefulness:
Oil exports value in January

Oil exports value in January

The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during January 2024.

Thursday, March 21st, 2024
Usefulness:

Invitation to Work for Taxes

The Territorial Renewal Agency (ART) made public the Project Bank eligible for funding through the Works for Taxes mechanism, offering options such as the Trust Option and Agreement.

Thursday, March 21st, 2024
Usefulness:

Low investment in Colombia

As Colombia grapples with economic slowdown across key sectors like industry, commerce, and construction, attention turns to its low investment levels, particularly in private capital.

Wednesday, March 20th, 2024
Usefulness:

Concerns about decree on mining delimitation

The National Business Council (CGN) expressed concerns about Decree 044 of 2024, issued at the end of January, which “establishes criteria for declaring and delimiting temporary reserves of natural resources within the framework of mining-environmental planning.”

Tuesday, March 19th, 2024
Usefulness:

Changes to environmental licensing process

Rodrigo Negrete, Director of the Environmental Licenses Agency (ANLA), announced that the government is preparing a legislative proposal that could change the environmental licensing process in the country.

Tuesday, March 19th, 2024
Usefulness: