We do not get into financial analysis of individual companies nor are we your source for stock market advice. But we do keep track of how Colombia-focused stocks as a group are doing relative to global indexes because we believe this reflects government policy not individual performance. And we watch what is happening with Ecopetrol (NYSE:ECP) because, although individual performance plays a role, much movement reflects how its principal owner, the Colombian government, views the industry.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for February 2023. Here are the details.
Ecopetrol’s (NYSE: EC) corporate governance will be put to the test in the new election of the NOC’s president, which should be established in the next two months.
President Gustavo Petro participated in the Community of Latin American and Caribbean States (Celac) Summit, once again, speaking out against the oil and coal industries.
The ACIEM presented the following recommendations to move towards a successful energy transition.
President Gustavo Petro accepted the resignation of Vice Minister of Energy (MinEnergia), Belizza Ruiz, through decree 0120 of January 27, 2023. She gave a controversial interview after her resignation.
Portafolio newspaper spoke about the government’s proposed text for the mining and energy sector in the National Development Plan (PND).
The Colombian Association of Petroleum Engineers (Acipet) expressed its concern regarding the government’s position on oil and gas exploration.
President Gustavo Petro wants to bet on tourism and agriculture as alternatives to replace the contributions of the extractive sector. Is this a tangible possibility?