The decree, titled “Establishment of Criteria for Declaring and Delimiting Temporary Reserves of Natural Resources within the Framework of Mining-Environmental Planning and Other Provisions,” has raised significant alarm within the Colombian Association of Mining (ACM), who view this initiative as a peril to the stability and future of the nation’s mining industry.
Ecopetrol (NYSE: EC) has reported a significant hydrocarbon discovery in the exploratory well Alqamari-2, situated in the municipality of Orito, Putumayo department.
A significant shift in policy regarding oil contracts appears to be taking place under the leadership of Colombia’s new Minister of Mines and Energy (MinEnergia), Omar Andrés Camacho.
The Ministry of Mines and Energy (MinEnergia) unveiled a set of documents outlining the energy transition roadmap for public review.
Environmental protection and conservation are increasingly at the forefront of global discussions, and Colombia is no exception.
We have been waiting a year to write this article: the impact on Colombian oil and gas share prices – and especially that of Ecopetrol – after a year of the “Illuminati” and President Gustavo Petro (“I’m not apocalyptic”) management of the energy sector. Meh!