Colombia’s Axia Energía opened its new Termonorte thermoelectric plant in Santa Marta; the first of its kind in the department of Magdalena.
Pasto’s fuel entrepreneurs were hoping for Vice Minister of Energy, Diego Mesa, to clear out ‘rumors’ about fuel prices in Nariño. His speech started another controversy instead.
Authorities announced that important projects will be developed in the departments of Caldas, Casanare and Norte de Santander, among others. However, corruption is still an issue in the department of Chocó. These and other stories in our periodic Royalties summary.
The Colombian government implemented a new General System of Royalties (SGR) in 2012, and one of the main goals was to improve the administration of these resources. However, some regions still have problems with these resources.
The Vice Minister of Mines and Energy (MinMinas), Carolina Rojas, took the stage of the VIII Canada – Colombia Forum to talk about royalties, communities and the mining industry. We attended so our Bottom-Line goes beyond the MinMinas press releases.
Humberto Calderon Berti, consultant and former president of PDVSA, spoke about Colombia oil potential. He gave some recommendations to improve the competitiveness of the Colombian sector.
2026, Hydrocarbons Colombia, All Rights Reserved.
