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Royalties Budget

The third and fourth commissions of the Senate and the House of Representatives approved, in a first debate, the budget for the General Royalties System (SGR).

Tuesday, November 8th, 2022
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Negative effects of high decarbonization targets

Spanish congressman Nicolás González visited Colombia and spoke about natural gas as a sustainable energy, and of the negative effects of setting high decarbonization goals.

Tuesday, November 8th, 2022
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Parex 3Q22 results

Parex 3Q22 results

Parex (TSX: PXT) announced its financial and operating results for the third quarter 2022. Here are the details.

Tuesday, November 8th, 2022
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Companies will not be able to deduct royalties from income taxes

The Colombian House of Representatives approved the article of the tax reform that closes the door for oil and mining companies to deduct royalty payments from their income tax.

Tuesday, November 8th, 2022
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“Petro wants to hand over Colombia’s energy sovereignty to Venezuela”: Lloreda

ACP’s Francisco Lloreda spoke about the energy transition process, the tax reform and the uncertainty generated by the new government.

Tuesday, November 8th, 2022
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Carbon tax

The tax reform includes modifications to the carbon tax, a levy on the carbon equivalent content (CO2eq) of all fossil fuels in the country.

Monday, November 7th, 2022
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