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Regulations & Policy

Oil and mining FDI

Oil and mining FDI

Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures as of June 2023. Here are the details.

Tuesday, July 18th, 2023
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New oil and gas contract?

The National Hydrocarbons Agency (ANH) published a draft agreement that could lead to the signing of a new oil exploration contract in the country, but under specific circumstances.

Tuesday, July 18th, 2023
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Will Vélez resign?

A new scandal involving Minister of Mines and Energy (MinEnergia) Irene Vélez could cost her the job.

Tuesday, July 18th, 2023
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“We will not change diesel prices during election campaign”: Bonilla says

In a recent press conference, Minister of Finance, Ricardo Bonilla, announced that the price of diesel fuel will not be adjusted during the ongoing election campaign until gasoline prices have been stabilized.

Monday, July 17th, 2023
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Massive oil smuggling

Colombia’s recent investigation into a transnational oil smuggling network has implicated 17 individuals.

Monday, July 17th, 2023
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Carbon market in Colombia

A report by Corficolombiana analyzes the current state of carbon markets in Colombia and the world.

Monday, July 17th, 2023
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New price cap for gasoline

The Colombian government has revised its estimate for the maximum price of gasoline in the country.

Thursday, July 13th, 2023
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Colombian oil exports value in May

Colombian oil exports value in May

The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during May 2023.

Wednesday, July 12th, 2023
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CARF’s concerns

The Autonomous Committee of the Fiscal Rule (CARF) has expressed its concerns regarding the Medium-Term Fiscal Framework (MFMP) presented by the Ministry of Finance on June 14th.

Wednesday, July 12th, 2023
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Government pays ECP for fuel subsidy

Ecopetrol (NYSE: EC) that, through Resolution 1612 dated June 29, 2023, the Ministry of Finance (MinHacienda) made a payment against the outstanding amount of the Fuel Price Stabilization Fund (FEPC).

Tuesday, July 11th, 2023
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