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Surtigas and Promigas contract

Surtigas, led by Santiago Mejía, announced the successful conclusion of the mandate contract subscription process with Promigas S.A., after a week of negotiations.

Tuesday, February 20th, 2024
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Frontera 2024 capital and production guidance

Frontera 2024 capital and production guidance

Frontera Energy Corporation (TSX: FEC) announced its full year 2024 capital and production guidance.

Monday, February 19th, 2024
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Fuel Taxes for 2024

According to the latest report by the Colombian Association of Petroleum and Gas (ACP), titled “Liquid Fuels in Colombia: Evolution 2023 and Perspectives 2024-2033,” the country will have an increase in its fuel tax collection.

Monday, February 19th, 2024
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Oil and coal “primary enemies”

During a regional meeting in Mariquita, Tolima, President Gustavo Petro escalated his rhetoric against oil and coal.

Monday, February 19th, 2024
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Ecopetrol to fund tech projects

Ecopetrol (NYSE: EC), in collaboration with the Ministries of Energy and Science (MinCiencia), has initiated a call for companies with projects focused on “Research + Development + Innovation” (R+D+I).

Monday, February 19th, 2024
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Where do we go now?

The major Colombian-focused publicly traded oil and gas companies have communicated their 2024 guidance. With the president talking down the industry every chance he gets and few or no friends in the public sector, one would not be surprised to see much negative sentiment. How do they really feel or, at least, what did they share with investors?

Sunday, February 18th, 2024
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Democratization of Ecopetrol?

Democratization of Ecopetrol?

Colombian President, Gustavo Petro, recently addressed concerns about the ‘precarious’ state of the state-owned oil company, Ecopetrol (NYSE: EC), during a speech at the Industrial University of Santander.

Friday, February 16th, 2024
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Fuels deficit

The Colombian government’s decision not to increase diesel prices has resulted in significant fiscal costs to cover the subsidy.

Friday, February 16th, 2024
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Workplace harassment allegations at ANH

Allegations of workplace mistreatment within Colombia’s Ministry of Mines and Energy, (MinEnergia) particularly at the National Hydrocarbons Agency (ANH), led by Orlando Velandia, have sparked concerns.

Friday, February 16th, 2024
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Maintenance program at Barrancabermeja refinery

Ecopetrol (NYSE: EC) started an ambitious maintenance program at its Barrancabermeja refinery.

Friday, February 16th, 2024
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