On August 26, Bogotá will host the first-ever Regional Methane Summit for Latin America and the Caribbean, a landmark event aimed at addressing the significant impact of methane—a potent greenhouse gas—on climate change.
Just as Colombia’s National Environmental Licensing Authority (ANLA) was about to issue a decision on granting an environmental license for one of Ecopetrol’s most significant offshore hydrocarbon exploration projects, a new obstacle emerged from the Ministry of Environment (MinAmbiente).
Ricardo Roa Barragán, President of Ecopetrol (NYSE: EC), provided new insights into the collapsed negotiations with Occidental Petroleum (NYSE: OXY) that aimed to acquire a significant stake in CrownRock, a company engaged in fracking in the US.
Colombia is set to see a significant increase in its natural gas transport capacity following recent decisions by the Energy and Gas Regulatory Commission (CREG).
Las week marked two years since Gustavo Petro Urrego took office as Colombia’s first left-wing president, bringing with him a wave of proposed reforms aimed at reshaping the nation’s economic landscape.
Colombia’s Minister of Mines and Energy (MinEnergia), Ómar Andrés Camacho, dismissed the possibility of Colombia needing to import gas from other countries, insisting that there is no immediate risk of a gas supply shortage.
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