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OCADs begin work with new budget

Regional Collegiate Administration and Decision Bodies (OCAD) begin sessions with a new budget.

Tuesday, May 4th, 2021
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Selling assets, an alternative?

Colombia is discussing how to cover the current fiscal gap and the sale of assets is positioned as an attractive alternative, after the failed tax reform.

Tuesday, May 4th, 2021
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Colombia has the fourth cheapest gasoline

Colombia has the fourth cheapest gasoline

Colombians have shown their discomfort at the high cost of gasoline in the country with the potential to go higher with a VAT increase from 5% to 19%. However, Colombia has one of the lowest prices in the region.

Monday, May 3rd, 2021
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More ethanol in fuel mix

Jorge Bendeck, President of Fedebiocombustibles, spoke about the percentage of palm oil and ethanol in biofuels.

Monday, May 3rd, 2021
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ANLA fines ECP for pipeline

The National Environmental Licensing Agency (ANLA) imposed a fine on Ecopetrol (NYSE: EC).

Monday, May 3rd, 2021
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Colfecar talks tax reform

The Colombian Federation of Cargo Transporters (Colfecar) spoke about the possible tax changes for the sector.

Monday, May 3rd, 2021
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Few positive oil production stories from 2020

Few positive oil production stories from 2020

We did a partial update of our production by field database and this week we publish some illustrative charts. No surprise really, but it is hard to find a silver lining in the clouds of 2020 although companies are upbeat about Capex in 2021 with oil prices rising.

Monday, May 3rd, 2021
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New oil loading platform

New oil loading platform

Ocensa, a subsidiary of Ecopetrol (NYSE: EC), inaugurated a modern offshore platform for loading crude in the Caribbean.

Thursday, April 29th, 2021
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Government to review VAT on gasoline and utilities

The government has already begun to give clues about what it would be willing to eliminate from the tax reform.

Thursday, April 29th, 2021
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Ecopetrol and development of Barrancabermeja

Ecopetrol (NYSE: EC) ratified its commitment to be an ally of the city’s development in the framework of the celebration of the 99 years of Barrancabermeja.

Thursday, April 29th, 2021
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