News and AnalysIs for

Hocol, a subsidiary of Ecopetrol (NYSE: EC), announced a natural gas discovery in the Department of Córdoba.

Colombia’s Vice Minister of Energy, Cristian Andres Díaz, spoke about the possibility of awarding new oil and gas exploration contracts in Colombia.

The energy transition is one of the main bets of President Gustavo Petro, but there are doubts about its possible cost and how this process will be financed.

This week, a two-part “What We Think”. Firstly, Campetrol’s Nelson Castañeda spoke to the national press, naturally about rigs, saying the February 2023 count fell again because of social conflict. Not coincidentally, we published an article based on a press release by Colombia’s Ombudsman saying incidents year-to-date February 2023 increased 73% over last year. And for those with the patience to stick to the end, a reflection on Ecopetrol as we await Felipe Bayón’s replacement.

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for February 2023.

The Ministries of Finance (MinHacienda), Mines and Energy (MinEnergia) and Commerce (MinComercio) have discussed the future of exploration and production in the country and the energy transition.

William Oviedo, Manager of natural gas distributor Alcanos, spoke about the contingency plans to avoid shortages in the department of Nariño.

The Colombian Petroleum Association (ACP) spoke about the evolution of the liquid fuels sector.

Transportadora de Gas Internacional (TGI), a subsidiary of Grupo Energía Bogotá (GEB), published its results for 2022.

Communities are increasingly resorting to violence to force solutions to decades-old problems.