Colombia’s Ministry of Mines and Energy (MinEnergia) will launch a regulatory review aimed at cutting gas transportation costs by up to 50% on routes such as Bogotá–Cartagena, Minister Edwin Palma announced during a visit to Cesar.
The future of Colombia’s energy security may hinge on the timely development of Sirius, the offshore gas project led by Ecopetrol (NYSE: EC) and Petrobras.
Colombian state oil company Ecopetrol (NYSE: EC) is seeking oil and gas deals in Brazil that could include a portfolio of onshore fields owned by Petrobras (NYSE: PBR) in the northeastern state of Bahia.
Cocaine revenues are now surpassing remittances as a source of funds flowing into Colombia’s economy, according to new estimates presented by economist Daniel Mejía of Universidad de los Andes.
Senator José David Name (Partido de la U) introduced a bill in Congress that seeks to reshape how Colombia distributes the benefits of oil and gas production, creating new mechanisms for landowners, communities, and security forces.
At the XXII Colombian Oil, Gas and Energy Congress, hosted by Acipet, Ecopetrol’s Vice President of Exploration and Development, Juan Carlos Hurtado, laid out the company’s roadmap for maintaining and expanding production in a tightening energy landscape.
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