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Regulations & Policy

Colombian oil exports value in April

Colombian oil exports value in April

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

Thursday, June 15th, 2023
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Lloreda leaves ACP

The Colombian Petroleum Association (ACP) will have a new president starting August 15th, following the departure of Francisco José Lloreda.

Thursday, June 15th, 2023
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Latin America’s complex business landscape

Six Latin American countries are among the world’s top ten most difficult markets in which to do business, according to the Global Business Complexity Index 2023 (GBCI), published by accounting and research firm TMF Group.

Thursday, June 15th, 2023
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Oil FDI in 1Q23

Oil FDI in 1Q23

Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures for 1Q23. Here are the details.

Wednesday, June 14th, 2023
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New ANH president

Andrés Camacho Morales has been appointed as the new president of the National Hydrocarbons Agency (ANH), as previously reported.

Wednesday, June 14th, 2023
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Petro’s proposal on fuels

Petro’s proposal on fuels

President Gustavo Petro has made a call for Colombians to consume less gasoline as part of an effort to support economic recovery.

Tuesday, June 13th, 2023
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The Story in …

The Story in …

We wrote about the 2022 Colombian reserves report a few weeks ago but that was more a reaction to the press release (focused on the Minister) and not a deep dive into the results. What is the real story?

Tuesday, June 13th, 2023
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What would a new report on oil and gas reserves entail?

In response to a request from the Colombian government, represented by Finance Minister Ricardo Bonilla, to construct another report on oil and gas reserves within six months, the landscape for signing exploration contracts remains in a gray area.

Friday, June 9th, 2023
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Resources for ‘Works for Taxes’

A total of 69 companies have joined forces to finance 77 projects through the ‘Works for Taxes’ mechanism, utilizing a portion of their income tax, as reported by the Agency for Territorial Renewal (ART).

Friday, June 9th, 2023
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Petro asks ECP to plan purchase of imported gasoline

President Gustavo Petro has put on the table the possibility of the country being able to buy gasoline abroad at a cheaper price to prevent the deficit of the Fuel Price Stabilization Fund (FEPC) from continuing to grow.

Wednesday, June 7th, 2023
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