Reinventing the magic fuel formula

Downstream Demand and PricingThe administration of the Minister of Mines and Energy Germán Arce has opted for a different approach to figuring monthly fuel prices to keep the changes to the minimum, and is now studying how to change the pricing formula to remain as stable as possible. » Read More

Domestic users saw 20% increase in gas prices in 2015

GasWhile the use of natural gas grows as a primary source of energy for domestic and industrial use, the unit price of gas has also been increasing, even growing 20% in 2015 compared to the previous year. » Read More

Barrancabermeja port ready January 2017

InfrastructureBilled as one of the most modern ports the country will have, the Barrancabermeja port is nearly finished and could start operations in January 2017 at full capacity. » Read More

Peace Summary: The clock is ticking

Security and Public OrderTime is ticking on the peace agreements. President Juan Manuel Santos has extended the bilateral cease fire to December 31st and is accepting commentary and suggestions, but the path to a political consensus to accept the agreements is not yet clear. » Read More

Nothing happening

ConcessionsThe graph shows the history of contracts signed by the National Hydrocarbons Agency (ANH). The post-2014 record is not inspiring. » Read More

Government preparing a “tax return certificate”

Regulation and PolicyThe government is planning to include a “tax return certificate” as part of its offer to the oil and mining industry in its pending tax reform, in an effort to improve company cash flow. » Read More

Pacific E&P still Colombia minded

Company NewsPacific E&P is advancing towards the close of its restructuring, and still holds a selection of E&P assets in Colombia, where its central focus will likely remain once the process is complete. » Read More

Biogas, an alternative energy source

GasThe Regional Autonomous Corporation of Cundinamarca (CAR) and the Association of Colombian Natural Gas (NATURGAS) organized the first forum about Biogas. HCC was present at the event; we bring a brief summary of the meeting. » Read More