The global transition towards clean energy has prompted countries worldwide, including those in the Latin American region, to formulate tax policies that incentivize using less fossil fuel, such as gasoline.
The first few months of this year have presented a challenging situation in the Colombian oil and gas sector.
Experts spoke about the current panorama of the mining and energy sector in Colombia in relation to the Energy Transition and royalties.
Minister of Mines and Energy (MinEnergia), Irene Vélez, proposed a review of the targeting of subsidies.
Jose Antonio Ocampo, former Minister of Finance, spoke about his surprise departure from the entity and the key issues such as Ecopetrol (NYSE: EC), new exploration contracts and fuel prices.
Luis Fernando Mejía, President of Fedesarrollo, emphasized the role of the oil and gas sector in the energy transition.
President Gustavo Petro presented the investment opportunities that Colombia offers to Spanish entrepreneurs.
President Gustavo Petro sent a message to investors during his state visit to Spain.
Resolution 40066 of 2022, which governs the management of Gas Natural, is being amended to improve definitions and procedures related to gas emissions and their utilization.
The Colombian government issued a new decree, Resolution 40332, which establishes the methodology for the distribution and allocation of royalty resources.
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