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Regulations & Policy

A committee to secure gas supply

The Colombian government, alongside natural gas companies, has established a Unified Command Post (PMU) to guarantee a steady supply of gas across the country.

Monday, September 16th, 2024
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Modification to the Environmental Penalty Regime: uncertainty regarding its application

A few weeks ago, we attended a meeting of the Colombo-Canadian Chamber of Commerce’s Mining and Energy Committee, which was held in the offices of Dentons Cardenas & Cardenas. The topic concerned changes to Colombia’s environmental sanctioning law and while the industry hopes never to have to confront a sanctionable situation, it is important to understand the penalties and how they might be assessed. We asked Maria Margarita Lorduy, Head of the Environmental Law Department at Dentons Cardenas & Cardenas to provide our readers with a brief overview.

Sunday, September 15th, 2024
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Ecopetrol’s fracking policy dilemma

Colombia’s Minister of Mines and Energy (MinEnergia), Andrés Camacho, talked about the future of Ecopetrol’s fracking projects.

Thursday, September 12th, 2024
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Gas exploration tender was canceled

On August 29, 2024, Colombia’s National Hydrocarbons Agency (ANH) revoked Resolution No. 0406, which had initiated a public tender for the San Ángel 3 gas exploration project.

Thursday, September 12th, 2024
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Acipet’s message

After three days of intense academic and technical discussions focused on the future of Colombia’s energy industry, the 2023 edition of the Petroleum, Gas, and Energy Congress, organized by Acipet, concluded with a strong call for coordinated efforts to revitalize this crucial sector.

Wednesday, September 11th, 2024
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Plans to regulate carbon markets

Colombia’s Minister of Environment (MinAmbiente), Susana Muhamad, announced the government’s new framework for regulating carbon markets.

Wednesday, September 11th, 2024
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Oil and mining FDI

Oil and mining FDI

Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures as of July 2024. Here are the details.

Tuesday, September 10th, 2024
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No corporate tax cuts for extractive sector

The administration of President Gustavo Petro is finalizing the details of its new tax reform, which will soon be presented to Congress.

Tuesday, September 10th, 2024
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Key concerns raised at Acipet Congress

The 21st Colombian Congress on Petroleum, Gas, and Energy, organized by Acipet, kicked off in Barranquilla with a strong message: energy policy decisions must be based on data and thorough evaluation.

Tuesday, September 10th, 2024
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Colombia’s role in regional oil exports may decline

Colombia’s role in regional oil exports may decline

Latin America’s share in the global oil export market is expected to increase by 3% by the end of the decade, with countries like Brazil, Argentina, and Guyana driving this growth. In contrast, Colombia’s position in the regional oil market could decline, according to Rystad Energy’s projections.

Monday, September 9th, 2024
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