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Regulations & Policy

MinEnergia losing both vice ministers?

Sources at the Ministry of Energy (MinEnergia) spoke about a possible strained relationship between Minister Irene Vélez and her vice ministers.

Tuesday, January 10th, 2023
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Government expectations on ECP

Government expectations on ECP

The Colombian government announced its expectations for Ecopetrol’s (NYSE: EC) contribution to the public finances in 2023, as well as expectations linked to oil production on the coming years.

Monday, January 9th, 2023
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Ocampo talks reserves

The Minister of Finance (MinHacienda), Jose Antonio Ocampo, talked about the time it will take for the energy transition process to take place, and discussed oil exports and Colombia’s oil and gas reserves.

Monday, January 9th, 2023
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Fearless forecasts for a foggy future

Fearless forecasts for a foggy future

“Reyes” have passed, marking the end of the holiday period in Colombia. Nothing left to do but start 2023 and, for Hydrocarbons Colombia, to make some bold assertions, almost certain to be wrong (if past performance is a guide). As always, I hope I err on the side of conservatism.

Monday, January 9th, 2023
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Oil sector’s new reality

Oil sector’s new reality

The head of the Colombian Petroleum Association (ACP), Francisco Lloreda, analyzed the new outlook for the oil and gas sector in Colombia.

Thursday, December 15th, 2022
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Bank of America talks Colombia’s economy

Alexander Müller, Chief Economist for the Andean Region, Central America and the Caribbean at Bank of America, spoke about the Colombian economy and the role of the industry in its performance.

Monday, December 12th, 2022
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Colombia to export fertilizer?

Colombia could go from being an importer, to being an exporter in the fertilizer industry. This is why.

Monday, December 12th, 2022
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Why do companies invest in Colombia anyway?

This is the last long essay before the holidays and usually I do a “Year in Review”. But we just did a “Petro 100 days” a few weeks ago and we wrapped up the Duque presidency from an oil and gas perspective in July. There frankly is not much new to say looking backwards, so I decided to look forwards somewhat. I attended the Parex Capital Markets Day last week and it got me thinking about why companies invest here.

Monday, December 12th, 2022
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Oil FDI in 3Q22

Oil FDI in 3Q22

Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures during 3Q22. Here are the details.

Thursday, December 8th, 2022
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Gas reserves questioned

The Minister of Mines and Energy (MinEnergia), Irene Vélez, spoke about the country’s natural gas reserves, opening a new debate.

Thursday, December 8th, 2022
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