Tag: exploration contracts

Decision on new exploration contracts will be taken in 6 months: Bonilla

Decision on new exploration contracts will be taken in 6 months: Bonilla

Finance Minister Ricardo Bonilla assured that the decision to sign new hydrocarbon exploration and production contracts in the country would be made within six months, following the release of a new reserve report from the National Hydrocarbons Agency (ANH). The official explained that this new report will include data that will be assessed, such as […]

Ecopetrol President said they would execute new exploration contracts

Ecopetrol President said they would execute new exploration contracts

He recalled that the decision to open new oil and gas exploration areas belongs to the national government, which must maintain the balance between autonomy and national sovereignty and the availability of resources to meet the growing demand for fuel in the national context. He indicated that one of his management’s challenges is accelerating the […]

I hope the president of Ecopetrol acts responsibly: Acosta

I hope the president of Ecopetrol acts responsibly: Acosta

“I accept Roa’s statement that he is assuming the presidency eco petrol not to win the goose with the golden eggs, but to feed and care for it, because Ecopetrol remains the crown jewel of the country and has also said it is aware that it is the main source of income for both the […]

The possibility of new exploration contracts should not be closed: Naturgas

The possibility of new exploration contracts should not be closed: Naturgas

The president of the Colombian Natural Gas Association (Naturgas), Luz Stella Murgas, reiterated that Colombia should not close the possibility of new hydrocarbon exploration and production contracts. The union leader, who is taking part in the 6th Latam Renewables Meeting and Fair, said that investments in the natural gas exploration segment and other energy sources […]

Reservation data, final by decision on new contracts

Reservation data, final by decision on new contracts

Finance Minister José Antonio Ocampo assured that the data in the Reserves Report of the National Hydrocarbons Agency (ANH) will be final for the decisions that the national government will make regarding the signing of new exploration and production. He recalled that the execution of existing contracts will continue as the central government has already […]

It needs to be defined how they will handle new oil and gas contracts”: Aciem

It needs to be defined how they will handle new oil and gas contracts”: Aciem

The decision to stop signing contracts puts the country at risk and faces a possible economic “blackout,” said Daniel Enrique Medina, president of the Colombian Association of Engineers, Aciem. Faced with the future of oil and gas contracts, the union insisted that the national government should review this ambitious decision and rethink the hydrocarbon exploration […]

Mining setback in exploration contracts sparks controversy

Mining setback in exploration contracts sparks controversy

The Minister of Mines and Energy, Irene Vélez, is again the protagonist of a controversy that refers to the future of gas and oil exploration contracts, as, after confirming in Davos, Switzerland that these types of contracts, he reversed his statement by saying that “there has been no talk of terminating these contracts.” “We need […]

Strong criticism of Minmina’s oil and gas contract announcement

Strong criticism of Minmina’s oil and gas contract announcement

Former Senator for Dignity Jorge Enrique Robledo he trembled: “With their nonsense they have ridiculed Gustavo Petro and the minminas Irene Vélez in Davos. Mrs. Irene’s insistence on no new hydrocarbon contracts reminds me of Goyeneche’s magic formulas (their parents explain to the youngest). Harmful to Colombia”. The President of the Colombian Association of Oil […]

Minminas says the current contracts would guarantee the country’s self-sufficiency

Minminas says the current contracts would guarantee the country’s self-sufficiency

The current contracts have the capacity to continue drawing resources and reserves into the country, both gas and oil, the Ministry of Mines and Energy indicated when presenting the balance of hydrocarbon contracts and resources available for the just energy transition. This report compiled the main findings of the analysis of the current exploration and […]

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