The National Association of Financial Institutions (ANIF) emphasized that while the global shift towards renewable energy is inevitable, oil and gas will remain essential components of the energy matrix for the foreseeable future.
The Ministry of Mines and Energy (MinEnergia) pushed to create the Colombian Minerals Company, known as Ecominerales. However, the Inspector General’s Office voiced serious concerns regarding the viability and implications of this ambitious project.
The title caught my eye instantly in Carbon Tracker’s monthly newsletter so I quickly downloaded the report and signed up for the associated webinar. I also quickly found the analysis focused exclusively on the UK and some very specific conditions but it got me thinking about Carbon Capture Usage and Storage and Colombia.
President Gustavo Petro Urrego called for comprehensive forensic audits to oversee the allocation and use of peace funds and royalties in the country.
Colombian President Gustavo Petro tasked his new Minister of Commerce with reinforcing plans to transition the country’s economy away from its reliance on coal and oil revenues—key economic drivers—toward agroindustry and tourism.
Orlando Velandia, president of the National Hydrocarbons Agency (ANH), emphasized that Colombia’s energy security is not at risk and assured that the government is actively seeking to utilize existing and potential discoveries.
Mauricio Palma, the Deputy Director of Hydrocarbons at the Unit of Mining and Energy Planning (UPME), announced a that the Colombian government is determined to proceed with a new call for proposals to build the Pacific regasification plant.
The National Environmental Licensing Agency (ANLA) announced a significant measure to recognize the Cesar Governor’s Office as a third-party intervenor in multiple national interest projects.
The importation of natural gas from Venezuela to Colombia remains a hotly debated issue among stakeholders in the hydrocarbons sector.
In a significant move to ensure the effective use of royalties in Colombia, the President of the Colombian Association of Petroleum and Gas (ACP), Frank Pearl, announced the creation of a monitoring mechanism for managing these resources.
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