President Gustavo Petro Urrego called for comprehensive forensic audits to oversee the allocation and use of peace funds and royalties in the country.
Colombian President Gustavo Petro tasked his new Minister of Commerce with reinforcing plans to transition the country’s economy away from its reliance on coal and oil revenues—key economic drivers—toward agroindustry and tourism.
Orlando Velandia, president of the National Hydrocarbons Agency (ANH), emphasized that Colombia’s energy security is not at risk and assured that the government is actively seeking to utilize existing and potential discoveries.
Mauricio Palma, the Deputy Director of Hydrocarbons at the Unit of Mining and Energy Planning (UPME), announced a that the Colombian government is determined to proceed with a new call for proposals to build the Pacific regasification plant.
The National Environmental Licensing Agency (ANLA) announced a significant measure to recognize the Cesar Governor’s Office as a third-party intervenor in multiple national interest projects.
The importation of natural gas from Venezuela to Colombia remains a hotly debated issue among stakeholders in the hydrocarbons sector.
In a significant move to ensure the effective use of royalties in Colombia, the President of the Colombian Association of Petroleum and Gas (ACP), Frank Pearl, announced the creation of a monitoring mechanism for managing these resources.
The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during April 2024.
President Gustavo Petro emphasized Colombia’s progress in shifting from an extractive to what he calls “a productive economy”.
The Ministry of Mines and Energy (MinEnergia) published a draft decree to amend Chapter 2, Title II, Part 2, Book 2 of Decree 1073 of 2015.
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