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Ecopetrol bets on EVs

Ecopetrol (NYSE: EC) unveiled the initial outcomes of its decarbonization strategy.

Tuesday, July 16th, 2024
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Draft resolution on fuel pricing

The Ministers of Finance (MinHacienda) and Mines and Energy (MinEnergia) released a draft resolution to establish a procedure for determining the international parity price.

Tuesday, July 16th, 2024
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Royalties to fund economic reactivation

Royalties to fund economic reactivation

The Petro administration announced a significant economic reactivation plan that will allocate funds from royalties to various industrial, tourism, housing, energy, agricultural, and construction sectors.

Monday, July 15th, 2024
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Diesel price and inflation

Recent adjustments in diesel prices are beginning to exert pressure on inflation rates in Colombia.

Monday, July 15th, 2024
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Alliance to boost coal sector

In a strategic move to underscore the significance of coal to Colombia’s economy and its role in the upcoming energy transition, key industry groups Andeg, Fenalcarbón, and Aciem have formed a powerful alliance.

Monday, July 15th, 2024
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Fitch affirms Primax rating

Fitch Ratings has affirmed Primax Colombia’s long-term and short-term national ratings at ‘AA+(col)’ and ‘F1+(col)’, respectively, maintaining a stable outlook.

Monday, July 15th, 2024
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One Hundred Years of Certitude … almost

Frequent contributor Tomás de la Calle brings us his overview of 100 years of Colombian government oil industry policy. He tells us to look at the history in terms of three distinct ages: The Ancient Age, The Elephants Age and The Capybaras Age.

Saturday, July 13th, 2024
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Ethanol production prospects

Ethanol production prospects

Colombia is poised for significant growth in its agricultural sector, particularly in the production of ethanol from sugarcane.

Friday, July 12th, 2024
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Ecopetrol acknowledges government efforts

Ecopetrol (NYSE: EC) announced that it has received payments amounting to CoP$12.9T in the first half of the year from the Fuel Price Stabilization Fund (FEPC).

Friday, July 12th, 2024
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Parex halts oil well exploration

Parex Resources suspended its exploration activities for a new oil well in the ‘Loma de Caballo’ area within the municipality of Tenerife.

Friday, July 12th, 2024
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