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Regulations & Policy

Who is on the MinMinas ‘Committee of Experts’?

The Minister of Mines and Energy (MinMinas) announced that 10 experts will define the future of fracking in Colombia. We looked at who was appointed, what might be known about their pre-conceptions and what the implications might be.

Monday, November 12th, 2018
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Challenges of oil transportation in Colombia

The oil sector has invested large amounts to improve its operations and be more efficient. The oil transport has not been left behind and the industry is betting on the technological improvements to achieve economic benefits.

 

Thursday, November 8th, 2018
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Government alternatives to increase its income

The Colombian government is analyzing several options to generate extra cash in 2019. Alberto Carrasquilla, Minister of Finance (MinHacienda), is preparing a decree to leverage the good financial moment of the oil sector and increase Colombian fiscal resources.

 

Wednesday, November 7th, 2018
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Foreign investors interested in Colombia’s regulation

The National Agency of Environmental Licenses (ANLA) said that investors from Chile, Turkey and India, among other countries, are interested in learning about Colombia’s licensing system.

 

Wednesday, November 7th, 2018
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Royalty changes

During a first debate, the House of Representatives’ First Commission approved the project to modify the General System of Royalties (SGR). These and other stories in our periodic Royalties summary.

 

Wednesday, November 7th, 2018
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Transmilenio tender is over

Bogota announced the renewal of the bus fleet for Transmilenio, but this decision was not well-received in some sectors.

 

Tuesday, November 6th, 2018
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“Colombia is ready for fracking” ACP

Francisco Lloreda, President of the Colombian Petroleum Association (ACP), wrote an Op-Ed about fracking.

 

Tuesday, November 6th, 2018
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Manosalva talks fracking project

Ecopetrol’s (NYSE:EC) Vice president of Production and Development, Héctor Manosalva, spoke about the fracking pilot project that was recently announced by CEO Felipe Bayón.

Sunday, November 4th, 2018
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Is the Tauramena referendum still valid?

The oil sector continues to face legal and social uncertainty in Colombia. A ‘judicial battle’ between Ecopetrol (NYSE: EC) and people of Tauramena started several years ago due to the result of an anti-oil referendum, and it seems like this process continues, despite a recent court decision in favor of the NOC.

Sunday, November 4th, 2018
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“D” for diversification

The government policy topic of the quarter for oil producing countries is economic diversification. The IEA says they cannot count on oil revenues and so need to find new sources relatively quickly. Colombia is not an ‘oil country’ but the same debate runs here.

Sunday, November 4th, 2018
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