News and AnalysIs for

Coal played a crucial role in preventing a blackout in Colombia, according to statements from Fenalcarbón and Andeg.

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

A vacation trip to Valledupar in the Colombian department of Cesar showed me some successful and some failed royalty projects which I think have lessons for oil and gas companies.

At the heart of Colombia’s royalty system lies a substantial pool of resources, designated to fuel development projects across various sectors.

The Superintendence of Industry and Commerce (SIC) filed charges against Ecopetrol, Cenit, Oleoducto Central, and Helistar for alleged “blanket specifications” in selection processes totaling over CoP$417B.

At the Congress of the Republic, as of April 2024, a total of 39 bills related to the mining, petroleum, and gas sectors are being processed.

The Ministry of Mines and Energy (MinEnergia) unveiled its regulatory agenda for 2024 for the mining, oil, and gas.

Brigard & Urrutia published an analysis of the consequences of the Constitutional Court’s decision to admit the request of Fiscal Impact filed by the Ministry of Finance (MinHacienda) against the ruling declaring the non-deductibility of royalties unconstitutional.

Oil traders have amassed options contracts worth over three million barrels in a bet that prices per barrel will reach US$250 by June, as geopolitical risks remain high.

As part of the economic revitalization plan set to be presented to the Congress, the Ministry of Finance (MinHacienda) announced several tax changes in Colombia.