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Regulations & Policy

After a prolonged silence, government puts Tauramena referendum on the agenda

The government engaged a multi-pronged push back against a public referendum that looks to reject oil production near municipal water sources in Tauramena, Casanare which included ministers and Ecopetrol’s (NYSE:EC) president Javier Gutiérrez.

Thursday, December 12th, 2013
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Accusations fly due to ANH data loss

A national newspaper has published alarming findings that accuse the National Hydrocarbons Agency (ANH) of allegedly of losing 60% of the technical and geographical data gleaned over the last 13 years due to problems in the migration of database that housed the information.

Thursday, December 12th, 2013
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MinAmbiente, ANLA declare environmental emergency due to oil leak

Nearly two months after it was first detected, the Ministry of Environment and Sustainable Development and the National Environmental Licensing Authority (ANLA) have declared an environmental emergency at the Cartagena location of Carman International due to oil leakage.

Wednesday, December 11th, 2013
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Federation of Municipalities calls for more funds to prepare royalty projects

Due to a more complicated process and requirements to get royalty projects approved by the National Planning Department (DNP), Colombia’s Federation of Municipalities wants an increase in the funds available to each entity to prepare royalty projects for submission.

Tuesday, December 10th, 2013
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Unions want increases in minimum salary for 2014

In the third national meeting of Colombia’s four main workers unions the organizations formed a proposal to increase the minimum salary by 8%, and an increase in transport subsidies of 12% starting in 2014.

Tuesday, December 10th, 2013
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Colombia still among LA’s best in Transparency International corruption index

Colombia still among LA’s best in Transparency International corruption index

Almost exactly a year ago we published the results of Transparency International’s annual Corruption Perception Index. The graph shows that Colombia’s position has not changed, maintaining its score, its global ranking and maintaining its position relative to other Latin American countries seeking to attract oil and gas investors. The same cannot be said for all of its peers, some of whom have gotten much better (Ecuador) and some of whom have slid down the scale (Guatemala).

Tuesday, December 10th, 2013
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MinAmbiente, MinMinas agree to create protocol for seismic exploration

The Ministry of Mines and Energy (MinMinas) and the Ministry of Environment and Sustainable Development (MinAmbiente) have agreed to create a protocol and environmental guide for contractors to follow, citing in particular seismic exploration activities.

Sunday, December 8th, 2013
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Governors to call on Santos for greater decentralization

During the LXXII ordinary assembly of the 32 departmental governors the regional leaders will formulate a request for President Juan Manuel Santos to make a true push for greater administrative decentralization and regional autonomy.

Wednesday, December 4th, 2013
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MinMinas says fuel prices down yoy, outlines formula concepts

The Ministry of Mines and Energy (MinMinas) published an outline of the policy alignments of the formula to set fuel prices, and said that prices will remain stable in December and have actually shown a 4% decrease compared to last year.

Wednesday, December 4th, 2013
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MinMinas signs energy cooperation agreement with US government

The Colombian government, by way of the Ministry of Mines and Energy (MinMinas) signed a memorandum of understanding with the US government in Washington DC to cooperate on energy matters.

Wednesday, December 4th, 2013
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