The recent declaration of the pacific regasification plant’s second call for bids as unsuccessful has brought to light the need for the government to present viable alternatives to the market.
Adriana Erazo, Director of Oil & Gas for Latin America at Fitch Ratings, provided valuable insights into Ecopetrol (NYSE: EC).
The arrival of Omar Andrés Camacho at the Ministry of Mines and Energy (MinEnergia) has brought about significant changes in key positions.
Recent discoveries of substantial natural gas reserves off the Caribbean coast of Colombia have garnered significant interest from major global oil companies.
Asoenergía underscores that natural gas, a vital element in the national energy matrix, is hampered by high costs and supply disruptions, negatively impacting demand.
Air France-KLM recently held its Second Roundtable on Sustainable Aviation Fuel (SAF) Development in Colombia.
Finance Minister (MinHacienda) Ricardo Bonilla addressed the fuel prices discussion, acknowledging the concerns raised by potential increases in this fuel type once the adjustments for regular gasoline are finalized.
The news is full of rising prices and their potential impact on gasoline and the upcoming US elections. But as the lead graph shows, oil prices fell during 2Q23 and that had a parallel impact on netback.
Gran Tierra Energy Inc. (TSX: GTE) announced the successful completion of all pending conditions outlined in the agreement made on April 11, 2023, with Ecopetrol (NYSE: EC).
Representatives from the credit rating agency Fitch Ratings talked about the risk of unilaterally canceling ongoing exploration contracts.
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