The National Hydrocarbons Agency (ANH) of launched a digital platform, the Economic Rights Settlement System.
President Gustavo Petro and Environment Minister (MinAmbiente) Susana Muhamad addressed the reduction of oil, coal, and gas extraction to combat the climate crisis during the United Nations General Assembly.
MinEnergia recently published its draft energy transition roadmap and the attention has focused on electrification for good reason: the Colombian government expects a dramatic increase in the proportion of total energy – including transport – served by electricity. For that, we have written extensively in our sister publication ePowerColombia. But the roadmap makes assumptions about oil and gas demand and supply that could impact the hydrocarbons industry.
Concerns are mounting within the Colombian government regarding the limited reserves of natural gas in the country.
The Colombian Chamber of Goods and Services for Oil, Gas, and Energy (Campetrol) has expressed its concern regarding the escalating roadblocks and mobility restrictions on the country’s highways.
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.
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.
The arrival of Omar Andrés Camacho at the Ministry of Mines and Energy (MinEnergia) has brought about significant changes in key positions.
Representatives from the credit rating agency Fitch Ratings talked about the risk of unilaterally canceling ongoing exploration contracts.
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.”