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Regulations & Policy

Potential impact of halving oil production

Potential impact of halving oil production

The National Planning Department (DNP), in collaboration with the French Development Agency and ECLAC, released a study examining the repercussions of halving the production of oil and coal on employment, GDP, and poverty levels.

Wednesday, September 20th, 2023
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Cocaine poised to overtake oil as Colombia’s leading export

Cocaine poised to overtake oil as Colombia’s leading export

Colombia is on the verge of seeing cocaine surpass oil as its primary export, driven by a surge in narcotics production amid a more lenient government stance on drugs.

Tuesday, September 19th, 2023
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MinEnergia announces new Director of Hydrocarbons

The arrival of Omar Andrés Camacho at the Ministry of Mines and Energy (MinEnergia) has brought about significant changes in key positions.

Tuesday, September 19th, 2023
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Fitch on oil contracts in Colombia

Representatives from the credit rating agency Fitch Ratings talked about the risk of unilaterally canceling ongoing exploration contracts.

Thursday, September 14th, 2023
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Tourism as a replacement for oil

Tourism as a replacement for oil

During the international presentation of the Brand Country initiative, “Colombia: The Country of Beauty,” the President, Gustavo Petro, emphasized Colombia’s immense potential to attract tourists, citing its unique selling point, “diversity.”

Wednesday, September 13th, 2023
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Sell ECP?

JP Morgan’s recent warning about the significant reduction in liquidity in the Colombian stock market has raised concerns of a potential reclassification from an emerging market to a frontier market.

Wednesday, September 13th, 2023
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Ecopetrol’s bankruptcy?

Colombian President Gustavo Petro has warned about the negative effects of maintaining a freeze on fuel prices.

Wednesday, September 13th, 2023
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‘You cannot lift economies out of poverty without fossil fuels’: Schuller

Tisha Schuller, a prominent figure in the gas and oil sector, talked about the relevance of fossil fuels to overcome poverty.

Wednesday, September 13th, 2023
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Divergent views on fracking

Fracking is once again a focal point of public discourse in Colombia, as it will banned from the country’s oil activities, at least for the duration of Gustavo Petro’s government if not beyond.

Wednesday, September 13th, 2023
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ANLA approves license despite opposition

ANLA approves license despite opposition

A hydrocarbon project in the Amazon rainforest has sparked heated debate, with environmental and human rights organizations voicing concerns.

Monday, September 11th, 2023
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