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Regulations & Policy

MinEnergia’s 2024 action plan

The Ministry of Mines and Energy (MinEnergia) announced its institutional action plan for 2024, marking a crucial roadmap for the country’s energy and mining sector.

Tuesday, February 6th, 2024
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UPME regulatory agenda 2024

The Mining and Energy Planning Unit (UPME) recently released its Regulatory Agenda for the year 2024, presenting a roadmap for various regulatory initiatives.

Monday, February 5th, 2024
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Sanctions on Venezuelan oil and gas

The U.S. Department of State announced will reinstate sanctions on Venezuela’s oil and gas sector, citing concerns over electoral fairness.

Thursday, February 1st, 2024
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Private investment key to Colombia’s transformations, DNP says

Colombia’s now former National Planning Director (DNP), Jorge Iván González, issued a call to the country’s financial sector.

Thursday, February 1st, 2024
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Inter-oceanic canal in Chocó

President Gustavo Petro’s recent visit to the Pacific Coast left an intriguing proposal in its wake — the initiation of a public consultation to explore the feasibility of constructing an inter-oceanic canal in the Chocó department.

Thursday, February 1st, 2024
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Foreign appetite for investment in Colombia grows: MinHacienda says

Finance Minister Ricardo Bonilla highlighted the strong foreign interest in investing across various sectors in Colombia.

Wednesday, January 31st, 2024
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Uncertainty looms over Córdoba’s senate seat

Following the unfortunate death of Piedad Córdoba, a lingering question emerges: who will assume her seat in the Senate? This could affect the government’s plans for Ecopetrol’s (NYSE: EC) Board of Directors.

Wednesday, January 31st, 2024
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Constitutional Court on deductibility of royalties

Constitutional Court on deductibility of royalties

The Constitutional Court ruled against the government’s request to reconsider its decision to declare royalties tax deductible in the mining and energy sector in Colombia.

Tuesday, January 30th, 2024
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Return of foreign oil companies to Venezuela

The easing of the U.S. oil embargo on Venezuela opens doors for the beleaguered country’s oil industry to revive old channels for crude sales and rekindle partnerships with foreign companies. However, experts caution that this process will take time.

Tuesday, January 30th, 2024
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New Executive Director at Acipet

The Colombian Association of Petroleum Engineers (Acipet) announced the appointment of a new Executive Director.

Thursday, January 25th, 2024
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