We have been waiting a year to write this article: the impact on Colombian oil and gas share prices – and especially that of Ecopetrol – after a year of the “Illuminati” and President Gustavo Petro (“I’m not apocalyptic”) management of the energy sector. Meh!
The Colombian mining and energy portfolio underwent a tumultuous transformation in the inaugural year of President Gustavo Petro’s administration.
In the ongoing debate at the Colombian Constitutional Court regarding the prohibition of deducting royalties from income tax, former Minister of Finance and Public Credit, José Antonio Ocampo, presented his reasons against such deductions.
Engineer Omar Andrés Camacho Morales has officially taken office as the new Minister of Mines and Energy in Colombia.
In a recent development, President Gustavo Petro signed Decree 1286 on August 2, 2023, accepting the resignation of former Minister of Mines and Energy (MinEnergia), Irene Vélez.
Most of you will pick this article up on Tuesday August 8th 2023 and so Colombia will officially be in Gustavo Petro’s second year as president. Based on what he said in the campaign and announced in his inauguration speech we had certain expectations – perhaps fears. How much has really happened and what can we expect going forward?
The Ministry of Mines and Energy (MinEnergia) has witnessed another significant change.
In a recent cabinet meeting presided over by President Gustavo Petro, former Minister of Mines and Energy (MinEnergia), Irene Vélez, caught everyone’s attention as she appeared alongside some of her former colleagues.
Moving more than a million tons of sugarcane using a fleet of natural gas-powered trucks has become a reality in Valle del Cauca.
The Colombian Association of Petroleum Engineers (Acipet) has raised an important concern regarding the number of petroleum contracts in the country.
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