The cost of gasoline is taking its toll on households, impacting the purchasing power of Colombians. In response to the growing impact on consumers, a proposed bill was submitted to the House of Representatives aiming to eliminate national taxes and VAT on gasoline.
Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures for 3Q23. Here are the details.
Naturgas proposed an integral energy security plan, emphasizing the pressing need to expedite investments in exploration and production.
Colombia’s most prominent oil industry union, the USO, has been raising concerns for weeks about Ecopetrol’s leadership considering a budget cut for its 2024 investment plan.
In a recent announcement, the Colombian Army revealed a distressing incident in the rural area of Puerto Triunfo, located in the municipality of Puerto Gaitán, Meta.
A tumultuous month starts with a high-profile kidnapping, passes through suspension of talks with both ELN and alias Mordisco, but ends with everyone back at the table. In the middle, Petro finally realized what everyone in Colombia already knew: that Danilo Rueda was not the right person for High Peace Commissioner. Government Chief Negotiator for the ELN process, Otty Patiño now has the hot seat.
CEO Ricardo Roa recently delineated new strategic guidelines within Ecopetrol’s (NYSE: EC) long-term plan.
The government announced the appointment of a new President of the National Hydrocarbons Agency (ANH).
Alvaro Ríos, Director Partner at Gas Energy Latin America, emphasized the relevance of Colombia not dismissing natural gas imports from Venezuela, although he recommends that PDVSA should not handle the gas pipeline operations.
Credit investor service Moody’s has announced a downgrade in Canacol Energy’s rating.
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