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.
Ecopetrol (NYSE: EC) talked about financial matters, specifically regarding the Fuel Price Stabilization Fund (FEPC) and the strategies implemented to reduce its deficit through fuel price adjustments.
In a recent announcement, CB&I UK Limited, McDermott International Holdings B.V., and Lealand Finance Company B.V. revealed plans for judicial restructuring under Dutch and UK law.
During the international presentation of the Brand Country initiative, “Colombia: The Country of Beauty,” the President, Gustavo Petro, emphasized Colombia’s immense potential to attract tourists, citing its unique selling point, “diversity.”
JP Morgan’s recent warning about the significant reduction in liquidity in the Colombian stock market has raised concerns of a potential reclassification from an emerging market to a frontier market.
The Colombian Inspector General’s Office has released a study evaluating the performance of the Fuel Price Stabilization Fund (FEPC), revealing worrisome findings.
Promigas’ Juan Manuel Rojas talked about the company’s interest in this project and the country’s need.
2025, Hydrocarbons Colombia, All Rights Reserved.
