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Regulations & Policy

Continued fuel price increases

Finance Minister Ricardo Bonilla said that the trend of rising fuel prices in Colombia will continue.

Monday, July 10th, 2023
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‘Oil is indispensable for the future:’ OPEC says

The President of the Organization of the Petroleum Exporting Countries (OPEC), Antonio Oburu Ondo, emphasized the essential role of oil in the world.

Monday, July 10th, 2023
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Energy integration: Ecopetrol and ISA

The Colombian government carries on with the plan for “vertical integration” between Ecopetrol and ISA, aiming to make the NOC a power generator and have a presence across the entire energy chain.

Thursday, July 6th, 2023
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Colombia losses positions in the CCI

Americas Society/Council of the Americas (AS/COA) and Control Risks reported its latest Corruption Capacity Index (CCI), with poor results for Colombia.

Tuesday, July 4th, 2023
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Fitch comments

Fitch Ratings commented about its outlook on oil and natural gas prices for 2023.

Monday, July 3rd, 2023
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Royalty collections

Royalty collections

Campetrol, with information from the ANH, published the royalty collection in 2022 and the estimated figure for the first quarter of this year.

Thursday, June 29th, 2023
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Petro slams critics of energy transition policy

President Gustavo Petro delivered a strong speech criticizing those who have opposed his government’s rapid transition to clean energy, leaving behind the gradual production of hydrocarbons.

Thursday, June 29th, 2023
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Is Colombia ready for another gas emergency?

The closing of the valves of the gas pipelines that supplied the southwestern region of the country opened a new discussion of whether the country is prepared for such emergencies.

Thursday, June 29th, 2023
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Acipet comments

Luis Guillermo Acosta, Executive Director of the Colombian Association of Petroleum Engineers (Acipet), discussed the recent results, concerns, and projections of the sector in an interview.

Wednesday, June 28th, 2023
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Bolivar explains why Colombia does not need to explore

Former senator Gustavo Bolívar talked about the government decision to not award new exploration contracts.

Wednesday, June 28th, 2023
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