The Colombian Association of Oil and Gas (ACP) outlined the challenges anticipated this year, particularly emphasizing concerns over the significant decline in gas reserves amidst increasing consumption.
Colombian President Gustavo Petro has once again strongly criticized the country’s shift towards an extractive economy and the lagging participation of the coffee sector.
The Plenary Chamber of the Constitutional Court refused to admit for consideration the request made by the Ministry of Finance (MinHacienda) to mitigate the effects of one of the decisions taken by the high court regarding the tax reform, which left the government with a shortfall of CoP$6.7T.
The members of Naturgas’ Board of Directors elected their new chairman.
Against the backdrop of Naturgas’ annual congress, this week in Cartagena, contributor Tomás de la Calle worries about the impact of Petro-government policies on Colombia’s self-sufficiency in gas. He foresees a sellers’ market – which usually means higher prices – in the near future.
Swedish activist and academic Andreas Malm made a bold proclamation during a conference in France over the weekend, predicting the demise of Colombia’s oil industry within a decade.
In a bid to foster economic opportunities and empower entrepreneurs, Ecopetrol (NYSE: EC) has been a driving force behind the success of 1,319 small and medium-sized businesses across 25 municipalities where the company operates.
In a bid to bridge the digital divide in rural educational settings in Colombia, the Terpel Foundation has unveiled its sixth interactive classroom in the country.
The upward trajectory continues with crude oil prices steadily climbing.
Campetrol, with information from the National Hydrocarbons Agency (ANH), published the royalties’ collection figures for 2023.