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Alliance to boost coal sector

In a strategic move to underscore the significance of coal to Colombia’s economy and its role in the upcoming energy transition, key industry groups Andeg, Fenalcarbón, and Aciem have formed a powerful alliance.

Monday, July 15th, 2024
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Fitch affirms Primax rating

Fitch Ratings has affirmed Primax Colombia’s long-term and short-term national ratings at ‘AA+(col)’ and ‘F1+(col)’, respectively, maintaining a stable outlook.

Monday, July 15th, 2024
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One Hundred Years of Certitude … almost

Frequent contributor Tomás de la Calle brings us his overview of 100 years of Colombian government oil industry policy. He tells us to look at the history in terms of three distinct ages: The Ancient Age, The Elephants Age and The Capybaras Age.

Saturday, July 13th, 2024
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Ethanol production prospects

Ethanol production prospects

Colombia is poised for significant growth in its agricultural sector, particularly in the production of ethanol from sugarcane.

Friday, July 12th, 2024
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Ecopetrol acknowledges government efforts

Ecopetrol (NYSE: EC) announced that it has received payments amounting to CoP$12.9T in the first half of the year from the Fuel Price Stabilization Fund (FEPC).

Friday, July 12th, 2024
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Parex halts oil well exploration

Parex Resources suspended its exploration activities for a new oil well in the ‘Loma de Caballo’ area within the municipality of Tenerife.

Friday, July 12th, 2024
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Hybrid ship to export crude

In a groundbreaking move towards sustainability, Ecopetrol (NYSE: EC) successfully transported two million barrels of crude oil to international markets using a hybrid technology vessel.

Friday, July 12th, 2024
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Explaining increased oil production

Explaining increased oil production

Colombia boasts 342 oil fields contributing to its monitored oil production, as reported by the Colombian Petroleum and Gas Association (ACP).

Wednesday, July 10th, 2024
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Economic revitalization plan

Finance Minister (MinHacienda) Ricardo Bonilla outlined the government’s strategy for economic recovery, indicating that recent national economic figures and expert estimations suggest the country “has entered a path of recovery.”

Wednesday, July 10th, 2024
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ECP’s regasification initiative

Ecopetrol (NYSE: EC) launched an RFI  process in May to explore alternatives for receiving, storing, and regasifying Liquefied Natural Gas (LNG).

Wednesday, July 10th, 2024
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