The Ministry of Mines and Energy (MinEnergia) in Colombia has released a draft resolution for regulating oil pipeline transportation.
Despite significant financial commitments by the Colombian government, the country’s road infrastructure still faces numerous challenges and opportunities, particularly in transportation, commerce, and logistics.
For those struggling to navigate the double negatives in this long saga, royalties are deductible. Again.
Colombia has recently been highlighted as one of the least attractive countries for foreign investment in mining.
Seven graphs that illustrate the country’s shrinking resources.
The Ministry of Mines and Energy (MinEnergia) released a draft resolution outlining the requirements for the presentation, evaluation, prioritization, and allocation of resources for gas infrastructure projects co-financed with funds from the national budget.
In a move aimed at increasing oil and gas reserves, the Colombian government is preparing regulatory adjustments to prompt greater activity from operators holding currently inactive oil and gas exploration areas. Making the most of what you have makes sense, but we think the proposed implementation is, frankly, dumb.
The Inspector General uncovered significant irregularities in the use of resources intended for implementing the peace agreement, as part of its oversight of the General System of Royalties (SGR).
Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures as of April 2024. Here are the details.
The Colombian Constitutional Court held an extraordinary hearing to determine the future of a ruling that declared the non-deductibility of royalties from corporate income tax for companies exploiting natural resources in Colombia as unconstitutional.