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Regulations & Policy

MinAmbiente updates oil guidelines

The Ministry of Environment (MinAmbiente) released a draft resolution aimed at updating the “Environmental Management Guide for Oil and Gas Well Drilling Projects.”

Tuesday, July 9th, 2024
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Fuel subsidy drains public revenue

Amid the fiscal crisis that prompted the Colombian government to cut this year’s budget by CoP$20T, the Center for Economic Studies (Anif) published a recent report detailing the impact of the last two tax reforms.

Monday, July 8th, 2024
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Colombia’s energy sovereignty risks

The Petro administration’s policy of no new hydrocarbon exploration contracts has ignited debates about the future of Colombia’s energy sovereignty.

Monday, July 8th, 2024
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New chairman of the board at the ACP

The Colombian Petroleum and Gas Association (ACP) elected new members to lead its Board of Directors for the upcoming year.

Monday, July 8th, 2024
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Oil and mining FDI

Oil and mining FDI

Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures as of May 2024. Here are the details.

Tuesday, July 2nd, 2024
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Challenges awaiting the New MinEnergia

Challenges awaiting the New MinEnergia

President Gustavo Petro announced upcoming changes to his ministerial cabinet, with at least seven ministries expected to see new leadership in the coming days. Among these is the Ministry of Energy and Mines, currently led by Andrés Camacho.

Monday, July 1st, 2024
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Oil reserves race in Latin America

Global oil majors are making record investments in the search for new oil reserves in Latin America.

Thursday, June 27th, 2024
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Tourism surpassing coal?

Tourism surpassing coal?

The research team at Banco de Bogotá predicts that tourism will become Colombia’s third-largest generator of foreign exchange by the end of 2024.

Wednesday, June 26th, 2024
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Fate of anti-fracking bill

The debate over fracking in Colombia has once again hit a stalemate as the Fourth Chamber Commission of the House of Representatives recently sank Bill 413, which aimed to ban fracking and unconventional oil development in the country.

Wednesday, June 26th, 2024
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New energy Minister?

In recent days, President Gustavo Petro announced a significant cabinet reshuffle, potentially affecting nearly half of his ministers.

Tuesday, June 25th, 2024
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