Over the holiday period, we continued to monitor the Colombian press for articles on the oil and gas industry. Some will appear as standalone articles in the coming days, but we also found the following items interesting and relevant. Most concern Ecopetrol.
The end of December and time for our monthly review of how the peace process has evolved. Frankly, poorly, but it was a light month as everyone got ready for the holidays: even guerrilla want to be home for Christmas it seems. But I also thought it time to look back at the year leveraging a statistical analysis by Indepaz as well as our own database.
The Colombian Presidency outlined the government members’ contributions and key accomplishments during COP28.
GeoPark (NYSE: GPRK) is celebrating the declaration of the Serranía de Manacacías National Natural Park by the National Government of Colombia.
The Ecopetrol Group (NYSE: EC) announced an initiative to expand natural gas service to approximately 20,000 households in the Arauca department and Cubará, Boyacá, in Colombia.
For eight consecutive months, the cost of living in Colombia has been on a downward trend.
The recent discourse surrounding gas exploration in Colombia has sparked debates, particularly after President Gustavo Petro mentioned the suspension of new gas exploration projects during his speech at the Climate Change Summit in Dubai (COP28). This decision stands in contrast to recent announcements and plans within the energy sector.
Vidal Ramírez, Vice President of Operations Planning at Cenit, discussed the company’s expansion plans for transporting hydrocarbons in Colombia by 2024.
During the Ministry of Mines and Energy’s public accountability hearing, Orlando Velandia Sepúlveda, the President of the National Hydrocarbons Agency (ANH), addressed the issue of using the existing 300 contracts efficiently across more than 15 million hectares.
According to Sergio Cabrales, an expert in Colombia’s mining and energy sector, consumers in the country might be overpaying for each gallon of regular gasoline due to recent dynamics in the international market.
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