Colombia is on the verge of seeing cocaine surpass oil as its primary export, driven by a surge in narcotics production amid a more lenient government stance on drugs.
The arrival of Omar Andrés Camacho at the Ministry of Mines and Energy (MinEnergia) has brought about significant changes in key positions.
Representatives from the credit rating agency Fitch Ratings talked about the risk of unilaterally canceling ongoing exploration contracts.
During the international presentation of the Brand Country initiative, “Colombia: The Country of Beauty,” the President, Gustavo Petro, emphasized Colombia’s immense potential to attract tourists, citing its unique selling point, “diversity.”
JP Morgan’s recent warning about the significant reduction in liquidity in the Colombian stock market has raised concerns of a potential reclassification from an emerging market to a frontier market.
Colombian President Gustavo Petro has warned about the negative effects of maintaining a freeze on fuel prices.
Tisha Schuller, a prominent figure in the gas and oil sector, talked about the relevance of fossil fuels to overcome poverty.
Fracking is once again a focal point of public discourse in Colombia, as it will banned from the country’s oil activities, at least for the duration of Gustavo Petro’s government if not beyond.
A hydrocarbon project in the Amazon rainforest has sparked heated debate, with environmental and human rights organizations voicing concerns.
After the recent change in leadership at Colombia’s Ministry of Mines and Energy (MinEnergia), several key positions within the department and its affiliated entities are yet to be filled. One such position is the Presidency of the National Hydrocarbons Agency (ANH).
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