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//Gremio
Gustavo Petro (photo:gustavopetro.com.co)
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Petro Administration Announces Natural Gas Rationing in Colombia Despite Abundant Hydrocarbon Resources

The current administration's refusal to bring new gas supplies online is already affecting consumers.
Posted On October 31, 2024
, By Loren Moss
Former Environment Minister Frank Pearl is now president of the Colombian Petroleum Association, ACP. (photo: ACP)
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Frank Pearl To Lead ACP, Colombia’s Largest Petroleum Industry Association

Pearl was the country’s Environment Minister in 2011 where he led plans for the country to adapt to climate change, and was also High Commissioner for Peace, where he negotiated with guerilla groups ELN and FARC.
Posted On August 17, 2023
, By Loren Moss
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Post election challenges for Colombia’s Petroleum Sector. Will Gustavo Petro shut it down?

This is the presentation given by Finance Colombia's Loren Moss on June 24th at Vostock Capital's Colombia Oil & Gas Congress in Bogotá
Posted On July 3, 2022
, By Loren Moss
Photo: Iván Duque Márquez, president of Colombia, briefs reporters during the U.N. General Assembly. (Photo credit: UN Photo/Loey Felipe)
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With His Term Coming To An End, Colombian President Ivan Duque Seen As Failure At Home & Abroad

Things can get worse, much worse. But as Duque’s four year term comes towards a close, there is a practical consensus in Colombia that things could have been much better.
Posted On February 17, 2022
, By Loren Moss
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Colombia’s Petroleum Producers & Labor Union United In Decrying Oil Transport Rate Inflexibility

Both the Colombian petroleum producers' industry group ACP and the petroleum workers' union UTIPEC are in agreement in their calls for flexibility in petroleum transportation prices in Colombia's indirectly government controlled transportation network, and decry CENIT's financing...
Posted On May 5, 2020
, By Loren Moss
Photo courtesy ACP
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Colombian Petroleum Industry Calls On Urgent Government Action To Mitigate Petroleum Crisis

The collapse in oil prices has led ACP, Colombia's petroleum industry association to call on the country's government to allow flexibility in the regulated pipeline transportation costs, that now make up almost half the cost of a barrel of oil, says the trade group.
Posted On April 22, 2020
, By Loren Moss
3rd Annual Private Equity Congress of The Pacific Alliance was
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Colombia’s Private Equity Trade Association ColCapital Hosts Full Conference Despite Coronavirus Fears

Despite travel fears, ColCapital's Private Equity Congress of The Pacific Alliance was at capacity attendance last week, taking place in Bogotá's Club El Nogal.
Posted On March 9, 2020
, By Loren Moss
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Colombia’s Minimum Wage For 2016 Set At $689,455 Pesos ($217 USD) Per Month. Congress To Get $8,426 USD Per Month

Yesterday, President Juan Manuel Santos, along with Finance Minister Mauricio Cardenas and Labor Minister Luis Eduardo Garzón, signed into law Decreto (Decree) 2552 of 2015, setting the Colombian monthly minimum wage at $689,455 pesos. This power was given to the executive branch...
Posted On December 31, 2015
, By Loren Moss
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A Candid Conversation With Bogotá’s Libertarian Candidate For Mayor

The electoral campaigns are heating up in Bogotá, Colombia’s capital. Finance Colombia endeavors to speak with every serious candidate willing to offer us their time. This year, we were able to sit down first with Bogotá’s Libertarian candidate, Daniel Raisbeck. The Libertarian...
Posted On July 14, 2015
, By Loren Moss
Ford Mustang being loaded for export. Photo courtesy FORD
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Colombian Auto Sales At Record Pace

According to a report jointly produced by the gremios (trade groups) ANDI (National Businessmen’s Association of Colombia), FENALCO (National Federation of Merchants), and the Colombian Automotive Committee, in December 2014 new automobile sales in Colombia surpassed 40,000 units...
Posted On January 26, 2015
, By Loren Moss
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