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Colombia failed to receive CoP$226B due to popular consultations

Experts said that the fiscal gap could reach CoP$1.2Tin the next five years, but the government said that they were able to conciliate with 146 municipalities.

Thursday, January 11th, 2018
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The UPME has a new director

Electrical engineer Ricardo Humberto Ramírez was chosen by the Ministry of Mines and Energy (MinMinas) as the Mining and Energy Planning Unit’s (UPME) new director.

Thursday, January 11th, 2018
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Sebastopol will be Colombia’s first refinery financed with private capital

With its financial closing, the Sebastopol complex will take the first step to start operations in 2021. It will be able to process 100mbd.

Thursday, January 11th, 2018
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Modifications to the SGR?

The Spending and Public Investment Commission recommended reforming the General System of Royalties (SGR), to eliminate the lack of flexibility in the specific-destination percentages established in the constitutional norms.

Thursday, January 11th, 2018
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ELN attacks hours after the end of the bilateral ceasefire

President Santos ordered the immediate return of the new chief negotiator in the dialogues with the ELN, Gustavo Bell, after the guerrilla attacked in Casanare and Arauca.

Wednesday, January 10th, 2018
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Changes in gas transport costscreate controversy

GasThe Energy and Gas Regulation Commission (CREG) is working on new methodologies on issues relevant to the gas sector. The new rules are generating discontent between the government and industry.

Thursday, December 21st, 2017
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