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The Minister of Finance (MinHacienda), Ricardo Bonilla, talked about the resources collected in the 2022 tax reform to cover the Fuel Prices Stability Fund (FEPC) deficit.

The recent local elections and major setbacks in President Gustavo Petro’s flagship “Total Peace” project should mean a reevaluation of the To Do list but probably it won’t. Unfortunately. Here we look at the election results in more depth.

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

The Ministrer of Mines and Energy (MinEnergia), Andrés Camacho, announced the new Deputy Minister of Energy.

While the Petro government plans to accelerate the energy transition and reduce reliance on hydrocarbons, the Petroleum Barometer showed interested results about the Colombians’ perception about the oil industry and energy transition.

The Superintendency of Public Services (SuperServicios) confirmed fines to natural gas companies.

Frank Pearl, President of the Colombian Association of Petroleum (ACP), brought the VI Oil, Gas, and Energy Summit to a close, alongside Minister of Defense Iván Velásquez.

Clara Guatame, President of the National Hydrocarbons Agency (ANH) (still, for now?), addressed the VI Oil, Gas and Energy Summit, highlighting the agency’s strategies to promote sustainable practices.

The VI Oil, Gas, and Energy Summit hosted a compelling panel discussion centered on the future of natural gas, and self-sufficiency in the medium and long term.

The lightest peace news month in 2023 meant Colombians focused on other issues, specifically the regional elections that took place on the 29^th of October. These could impact President Gustavo Petro’s ability to implement whatever agreements he manages to achieve. UPDATE: On Thursday, November 2, 2023 the High Peace Commissioner Danilo Rueda reported that the ELN were responsible for the kidnapping of Luis Manuel Diaz, father of Colombian international footballer Luis Diaz. This violates the spirit if not the letter of the peace talks (which Rueda’s social media post highlights) so for now we can only say that the impact on the process is unpredictable.