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Regulations & Policy

Komodo-1 project: Yes (finally) but maybe no afterall

The Komodo-1 offshore exploration project, a joint initiative by Anadarko (OXY) and Ecopetrol (NYSE: EC), is facing significant hurdles following the issuance of its environmental license by Colombia’s Ministry of Environment and the National Environmental Licensing Authority (ANLA).

Monday, January 13th, 2025
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Indigenous Community announces strike

Starting January 15, the Wayúu indigenous people in Colombia’s La Guajira region will launch an indefinite strike to demand justice, recognition, and equitable benefits from the natural resources extracted from their territory.

Monday, January 13th, 2025
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Geothermal development

The Colombian Ministry of Mines and Energy (MinEnergia) has taken a significant step toward diversifying its energy portfolio by implementing Decree 1598, aimed at advancing the exploration and utilization of geothermal energy.

Monday, January 13th, 2025
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Fearless Forecasts: Waiting for 2026

Fearless Forecasts: Waiting for 2026

Time for our annual predictions article. Mostly focused on quantitative measures of the industry – prices, Capex, reserves, production – but also some comments on policy issues for 2025.

Sunday, January 12th, 2025
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Merger of ANH and IPSE?

The Colombian Ministry of Mines and Energy (MinEnergia) unveiled a draft decree formalizing the merger of the National Hydrocarbons Agency (ANH) and the Institute for Planning and Promotion of Energy Solutions for Non-Interconnected Zones (IPSE).

Thursday, January 9th, 2025
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Escazú agreement highlights

The Escazú Agreement, adopted in Costa Rica in 2018 and ratified in Colombia under Law 2273 of 2022, represents a landmark step in promoting environmental justice and transparency in Latin America and the Caribbean. It places citizens at the forefront of environmental protection, ensuring their rights to information, participation, and justice in ecological matters.

Wednesday, January 8th, 2025
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Environmental impact assessments

In a landmark ruling, Colombia’s Constitutional Court has determined that Environmental Impact Assessments (EIAs), as regulated by Article 57 of Law 99 of 1993, must now include evaluations of climate change impacts.

Tuesday, January 7th, 2025
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Delays in propane subsidy payments

The Colombian government, led by President Gustavo Petro, is facing criticism for its delay in disbursing funds for subsidies on liquefied petroleum gas (propane), which are essential for low-income families in rural areas.

Tuesday, January 7th, 2025
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ANLA awards environmental license to offshore COL-1

The National Authority of Environmental Licenses (ANLA) has granted an environmental license for the exploratory offshore oil drilling project in the Col-1 Block, located in Colombia’s Caribbean.

Friday, December 27th, 2024
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“Ignoring the alarms”: Mac Master criticizes

Colombian industrial leader Bruce Mac Master, President of the National Business Association of Colombia (ANDI), voiced strong criticism of the government’s handling of the natural gas supply crisis.

 

Friday, December 13th, 2024
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