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The VI Summit of Oil, Gas, and Energy became the stage for honoring the winners of the 2023 Campetrol Sustainability Awards.

After a year of continuous increases, the government had initially decided to suspend the rise for this month, but MinHacienda did not agree with MinEnergia. Their representatives talked about this important issue.

In the latest edition of the Petroleum Barometer, presented by Jaime Arteaga & Associados, an increased pessimism within the oil sector has come to light.

The Superintendency of Public Services (SuperServicios) confirmed fines to natural gas companies.

Frontera Energy (TSE: FEC) is committed to building a sustainable future.

Frank Pearl, President of the Colombian Association of Petroleum (ACP), brought the VI Oil, Gas, and Energy Summit to a close, alongside Minister of Defense Iván Velásquez.

Clara Guatame, President of the National Hydrocarbons Agency (ANH) (still, for now?), addressed the VI Oil, Gas and Energy Summit, highlighting the agency’s strategies to promote sustainable practices.

The VI Oil, Gas, and Energy Summit hosted a compelling panel discussion centered on the future of natural gas, and self-sufficiency in the medium and long term.

Canacol Energy (TSX: CNE) recently announced the cancellation of its long-term gas sales contract with EPM, originally set to commence deliveries on December 1, 2024. This decision has already reverberated in the risk assessment agencies, starting with Fitch Ratings.

The lightest peace news month in 2023 meant Colombians focused on other issues, specifically the regional elections that took place on the 29^th of October. These could impact President Gustavo Petro’s ability to implement whatever agreements he manages to achieve. UPDATE: On Thursday, November 2, 2023 the High Peace Commissioner Danilo Rueda reported that the ELN were responsible for the kidnapping of Luis Manuel Diaz, father of Colombian international footballer Luis Diaz. This violates the spirit if not the letter of the peace talks (which Rueda’s social media post highlights) so for now we can only say that the impact on the process is unpredictable.