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Oil prices in 2023

The new year may bring spikes in oil prices due to a solid reopening in China and an eventual depreciation of the American dollar.

Wednesday, January 18th, 2023
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ECP welcomes new offshore exploration manager

Ecopetrol (NYSE: EC) announced the name of its new offshore exploration manager, following the creation of the Offshore Vice Presidency.

Wednesday, January 18th, 2023
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New Hydrocarbons Director

The Ministry of Mines and Energy (MinEnergia) is going through challenging times due to internal disputes and changes in key positions of the entity.

Wednesday, January 18th, 2023
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ECP earnings expectations

ECP earnings expectations

Brokerage firm Casa de Bolsa announced its expectations for Ecopetrol’s (NYSE: EC) earnings for 2022.

Tuesday, January 17th, 2023
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Oil below expectations

The government of Gustavo Petro presented its Financial Plan for 2023, with optimistic estimates for oil prices. This metric, however, is below expectations.

Tuesday, January 17th, 2023
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Discussion over natural gas contracts continues

The outlook for new gas contracts is still uncertain, even though this fuel continues to be considered vital for Colombia’s energy security and transition projects.

Tuesday, January 17th, 2023
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Gas stoves, banned?

Richard Trumka Jr., a member of the US Consumer Product Safety Commission, spoke about the possibility of banning gas stoves. Could this happen in Colombia?

Tuesday, January 17th, 2023
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Oil prices and dollar

Oil prices and dollar

Oil prices increased, once again, for the sixth consecutive day last week, boosted this time by a weakening dollar that makes the barrel cheaper for investors in other currencies.

Monday, January 16th, 2023
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Government announces new plan for oil exports

The government of Gustavo Petro announced a plan for hydrocarbon exports. The plan would also include mining.

Monday, January 16th, 2023
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Promigas’ decarbonization road map

The company announced its road map to achieve zero greenhouse gas emissions by 2040.

Monday, January 16th, 2023
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