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Regulations & Policy

President’s summary of COP28

President’s summary of COP28

The Colombian Presidency outlined the government members’ contributions and key accomplishments during COP28.

Thursday, December 14th, 2023
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Energy driving inflation

For eight consecutive months, the cost of living in Colombia has been on a downward trend.

Thursday, December 14th, 2023
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Natural gas industry bets on reducing CO2 emissions

Natural gas industry bets on reducing CO2 emissions

Amid global climate change concerns, Colombia’s natural gas sector is making strides in reducing its carbon footprint.

Tuesday, December 12th, 2023
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Petro’s critique on hydrocarbons

In a recent discourse, President Gustavo Petro reiterated his opposition to gas, coal, and oil, echoing his stance against these fossil fuels amid international debates.

Tuesday, December 12th, 2023
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Robledo accuses Petro of illegality

Jorge Enrique Robledo, a former senator, is seeking to have President Gustavo Petro investigated by the Chamber of Representatives’ Accusation Commission for alleged “misconduct by commission and omission.”

Monday, December 11th, 2023
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Muhamad interview

Colombia stands out at the ongoing United Nations Climate Summit (COP28) in Dubai, where the nation has been actively advocating for climate-conscious policies. At the forefront of these discussions is Susana Muhamad, Colombia’s Environment Minister, who leads the national delegation.

Monday, December 11th, 2023
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Decarbonization pledge at COP28

Amidst the proceedings of COP28 held in Dubai, United Arab Emirates, Ecopetrol (NYSE: EC) announced its participation in the global sectoral agreement aimed at accelerating the decarbonization of oil and gas (OGDC).

Thursday, December 7th, 2023
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Oil companies flock to Venezuela

Executives from major oil companies are flocking to Venezuela to capitalize on the easing of sanctions imposed by the US, even though there’s a looming risk that access to the world’s largest oil reserves could shut down as quickly as it has opened.

Thursday, December 7th, 2023
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Colombia signs pact against fossil fuels

Colombia signs pact against fossil fuels

Colombia, a country renowned for its robust oil industry, has taken an unexpected leap by joining the Non-Proliferation Treaty for Fossil Fuels.  This initiative originally was proposed by small island states in 2019.

Wednesday, December 6th, 2023
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Congress could shelve the fracking ban

The Colombian Congress is poised to kill a bill that would have banned fracking in the country.

Wednesday, December 6th, 2023
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