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ACP’s Francisco Jose Lloreda spoke about the expected investments for this year and other relevant issues.

The Minister of Mines and Energy (MinEnergia), Irene Vélez, spoke about the decision not to sign new exploration contracts, the suspension of activities by some companies and other key issues in the sector.

President Gustavo Petro has accepted the resignation of José Antonio Ocampo from the Ministry of Finance, after the president asked for the formal resignation of his entire cabinet.

Former Minister of Mines and Energy, Amylkar Acosta, spoke about the need for the Colombian government to have a clear energy policy, a defined energy transition plan, and to clarify the statements made by the new president of Ecopetrol (NYSE: EC).

Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures during 4Q22. Here are the details.

Colombia’s National Planning Department (DNP) reported that approximately CoP$6.6T in royalties were allocated to Science, Technology, and Innovation (STI) projects between 2012 and 2022, but projects funded with these resources are of little strategic value and cost a significant amount of money.

The Colombian Senate approved in the second debate the project to ban fracking in Colombia, as well as the exploration and production of hydrocarbons in unconventional deposits.

The Colombian President Gustavo Petro began his diplomatic agenda by inaugurating the Permanent Forum on Indigenous Issues in New York City.

Colombia approved CoP$20.7T for over 5,700 projects across the country, funded by royalties, to be executed between 2021 and 2022, but development is slow.

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