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Regulations & Policy

ANLA receives royalties’s resources

For the first time, the National Environmental Licensing Agency (ANLA) will strengthen its activities in the country’s regions, thanks to resources from the General Royalty System (SGR).

Monday, May 13th, 2019
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Oil will finance its replacement as an energy source

Acipet, the petroleum engineers’ association has been an important voice in defense of the industry’s interests. Here, the organization’s Chairman of the Board, Carlos Alberto Leal Niño, argues that the important work of transitioning away from fossil fuels in the future should be financed by developing the country’s hydrocarbons today.

Monday, May 13th, 2019
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Colombia welcomes its Mission of Experts for energy transition

President Iván Duque opened the event where the government introduced the Mission of Experts that will lead Colombia’s energy transition process.

Thursday, May 9th, 2019
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ECP on oil hedge program

Ministry of Finance (MinHacienda) Alberto Carrasquilla said that the government is analyzing the option of developing an oil hedge program at the end of the year. Ecopetrol’s (NYSE: EC) CEO, Felipe Bayón, spoke on the matter.

Wednesday, May 8th, 2019
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“As of March, the Ecopetrol Group has invested US$647M”: Bayón

CEO Felipe Bayón spoke about Ecopetrol’s (NYS:EC) positive financial results during the first quarter of the year.

 

Wednesday, May 8th, 2019
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Companies have their eyes on the Colombian Pacific

The offshore industry has been popular among top global firms who decided to bet on Colombia’s Caribbean area. The ANH thinks new blocks in the Pacific might have just as much success.

 

Tuesday, May 7th, 2019
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Fracking: one step closer

The government presented the final version of its National Development Plan (PND) to the Congress, where it included an article about unconventional projects. Here are the details.

 

Monday, May 6th, 2019
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What happened to fracking last week?

Last week was a controversial one in Colombia’s congress with the ongoing battle over peace process implementation, approval of royalty reform in its opening debate and the final authorization of the government’s long-term economic plan (known as the PND for its initials in Spanish). The press reacted strongly to a clause about fracking but the politics of how one newspaper reacted was surprising, to me at least.

Monday, May 6th, 2019
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SGR changes, approved?

The House of Representatives’ First Commission approved the initiative to modify the General System of Royalties (SGR), in its first debate. Here are the details.

Thursday, May 2nd, 2019
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FEPC deficit could reduce

FEPC deficit could reduce

The Fuel Price Stabilization Fund (FEPC) deficit has been one of the main issues in recent years, as it continues to grow without a possible solution. However, this deficit could have a considerable reduction.

Wednesday, May 1st, 2019
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