Thursday, June 27th, 2024
The average global price of gasoline has reached US$4.94 per gallon, but prices vary significantly across Latin America due to a range of factors, primarily taxes and subsidies.
The research team at Banco de Bogotá predicts that tourism will become Colombia’s third-largest generator of foreign exchange by the end of 2024.
The debate over fracking in Colombia has once again hit a stalemate as the Fourth Chamber Commission of the House of Representatives recently sank Bill 413, which aimed to ban fracking and unconventional oil development in the country.
Ecopetrol (NYSE: EC) announced via the Superintendent of Finance that it has received authorization from the Ministry of Finance (MinHacienda) to secure an internal loan with local banks.
The Mining-Energy Planning Unit (UPME) announced the approval of new projects aimed at expanding the availability of natural gas service across Colombia.
Ecopetrol (NYSE: EC) and Petrobras (NYSE: PBR) announced the initiation of drilling for the Uchuva-2 well in the Tayrona Block, located in the Caribbean waters of Colombia.
In recent days, President Gustavo Petro announced a significant cabinet reshuffle, potentially affecting nearly half of his ministers.
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