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Regulations & Policy

BanRep’s oil expectations

The technical team of Colombia’s Central Bank (BanRep) announced its expectations on oil performance.

Wednesday, November 16th, 2022
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MinHacienda does not rule out new oil contracts

This is what Minister of Finance (MinHacienda), José Antonio Ocampo, had to say about the possibility of awarding new oil contracts, and Ecopetrol’s (NYSE: EC) current situation.

Monday, November 14th, 2022
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Pacific regasification: yes or no?

The arrival of a new government that decided to stop natural gas exploration within Colombia reactivated the discussion about the need to build a new regasification plant in the country.

Monday, November 14th, 2022
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The thrill of it all

If, as expected, you read this in the Tuesday, November 15th 2022 newsletter, then Gustavo Petro celebrates his 100th day as President of Colombia. A Petro presidency was always going to be challenging but we do not think anyone anticipated the speed of the roller coaster we ride.

Like many things in this polarized world we now live in, most, perhaps all, Colombians fall into one of two camps: those who think Petro is a disaster and those who think there have been hiccups but he has brought about more change in three months than most presidents in three years. And like most things in this polarized world we now live in, both viewpoints contain elements of truth.

Sunday, November 13th, 2022
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Barreras defends oil exploration

President of Congress, Roy Barreras, wrote a column in El Tiempo talking about key issues for the government such as the tax reform, and oil exploration.

Thursday, November 10th, 2022
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MinEnergia talks oil contracts

The Minister of Mines and Energy (MinEnergia), Irene Vélez, talked about oil and gas exploration contracts.

Thursday, November 10th, 2022
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Comptroller General talks oil exploration

The Comptroller General, Carlos Hernan Rodriguez, spoke about the controversy over the possibility of stopping oil and gas exploration in the country.

Thursday, November 10th, 2022
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“Eliminating hydrocarbons is the way to fix the world “: Petro

President Gustavo Petro gave a speech at the United Nations Climate Change Conference 2022 (COP27).

Tuesday, November 8th, 2022
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Royalties Budget

The third and fourth commissions of the Senate and the House of Representatives approved, in a first debate, the budget for the General Royalties System (SGR).

Tuesday, November 8th, 2022
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Negative effects of high decarbonization targets

Spanish congressman Nicolás González visited Colombia and spoke about natural gas as a sustainable energy, and of the negative effects of setting high decarbonization goals.

Tuesday, November 8th, 2022
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