News and AnalysIs for

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

President Gustavo Petro emphasized Colombia’s progress in shifting from an extractive to what he calls “a productive economy”.

The Ministry of Mines and Energy (MinEnergia) published a draft decree to amend Chapter 2, Title II, Part 2, Book 2 of Decree 1073 of 2015.

At the Sustainability Congress, Frank Pearl, President of the Colombian Association of Petroleum and Gas (ACP), emphasized the need for a uniquely Colombian approach to energy transition.

The National Hydrocarbons Agency (ANH) set an ambitious goal for the upcoming year: to increase the country’s Enhanced Oil Recovery (EOR) rate.

During the 1st Energy Exploration Convention, the Colombian Association of Geologists and Geophysicists of Energy (ACGGP) addressed the recent 2023 oil and gas reserves report by the National Hydrocarbons Agency (ANH).

Amid the fallout from the ruling that reaffirmed the nullification of the tax reform article prohibiting the deduction of royalties from income tax for mining and oil companies, the Constitutional Court has offered a final lifeline to the government.

Amidst the growing uncertainty in Colombia’s hydrocarbon sector due to recently reported low oil and gas reserves, new controversial measures are being considered to boost exploration and production.

Darío Restrepo, Director of the Misión de Descentralización at National Planning Department (DNP), discussed the role of the General Royalties System (SGR) in funding Colombia’s peace agreement.

Frank Pearl, president of the Colombian Petroleum and Gas Association (ACP), shared his insights on the country’s energy transition, emphasizing the need for a tailored approach that addresses Colombia’s unique challenges and opportunities.