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Regulations & Policy

‘The goal is 1,000mbd,’ Camacho says

Minister of Mines and Energy, Andrés Camacho, addressed various concerns and shared optimistic perspectives on Colombia’s oil and energy landscape.

Tuesday, March 5th, 2024
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Rig count in January

Rig count in January

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for January 2024.

Tuesday, February 27th, 2024
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MinHacienda talks oil production

During the Economic Outlook Forum 2024 hosted by Anif and Fedesarrollo, Finance Minister Ricardo Bonilla talked about the oil production behavior during 2023.

Tuesday, February 27th, 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 January 2024. Here are the details.

Monday, February 26th, 2024
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Global coal demand peaks in 2023

The demand for thermal coal reached unprecedented levels, with approximately 54.5 million tons (MT) exported globally.

Thursday, February 22nd, 2024
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Bill to prohibit new coal E&P contracts

Colombia, South America’s leading coal producer, introduced a mining bill aiming to ban new Exploration and Production (E&P) contracts for this fossil fuel.

Wednesday, February 21st, 2024
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Oil and coal “primary enemies”

During a regional meeting in Mariquita, Tolima, President Gustavo Petro escalated his rhetoric against oil and coal.

Monday, February 19th, 2024
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Where do we go now?

The major Colombian-focused publicly traded oil and gas companies have communicated their 2024 guidance. With the president talking down the industry every chance he gets and few or no friends in the public sector, one would not be surprised to see much negative sentiment. How do they really feel or, at least, what did they share with investors?

Sunday, February 18th, 2024
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Democratization of Ecopetrol?

Democratization of Ecopetrol?

Colombian President, Gustavo Petro, recently addressed concerns about the ‘precarious’ state of the state-owned oil company, Ecopetrol (NYSE: EC), during a speech at the Industrial University of Santander.

Friday, February 16th, 2024
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Workplace harassment allegations at ANH

Allegations of workplace mistreatment within Colombia’s Ministry of Mines and Energy, (MinEnergia) particularly at the National Hydrocarbons Agency (ANH), led by Orlando Velandia, have sparked concerns.

Friday, February 16th, 2024
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