News and AnalysIs for

The Inspector General’s Office has issued a warning regarding the possible increase in gas tariffs along the Colombian coast.

In the first quarter of 2024, companies within the Ecopetrol Group generated 73,378 jobs through contractor firms supporting their projects and operations across various regions of Colombia.

Juan Camilo Nariño, the Colombian Mining Association’s (ACM) president, disclosed the value of goods and services contracted by miners in the country.

A significant number of minority shareholders of Ecopetrol (NYSE: EC) announced the establishment of the ‘Friends of Ecopetrol’ association.

The mining sector in the country finds itself amidst challenging times. Legal changes, tax adjustments, reforms, and the government’s stance towards the sector have all contributed to deep-seated uncertainty.

NG Energy International Corp. (TSXV: GASX) announced its annual audited consolidated financial statements, for the fiscal year ended December 31, 2023.

The Constitutional Court agreed to consider a fiscal impact incident presented by the Minister of Finance (MinHacienda), Ricardo Bonilla, against the ruling that declared unconstitutional the prohibition of deducting royalties from the income tax of non-renewable natural resource exploiters.

Ecopetrol (NYSE: EC) announces departure of its Executive Vice President and other high-level management changes.

The global propane market shows no signs of slowing down. According to consultancy firm Mordor Intelligence, it will continue to grow at a rate of 5% percent annually between 2024 and 2029.

As the year ends or as the next one starts, MinEnergia’s research institute, the UPME, updates its gas logistics plan, based on a new demand forecast. They never announce it. It never hits the press. We look for it and sometimes find it easily. Sometimes not. Recently it appeared (to us at least) dated December 2023. Here are some quick graphs and comparisons, in the light of last year’s MinEnergia “roadmap” for a just energy transition.