The country still relies heavily on oil prices to support its public finances, yet these are starting to weaken, after reporting significant increases last year.
The NOC has formally asked the US government for a license to work with PDVSA. A similar permission was granted to US oil major, Chevron, in November, which the company used to export crude from Venezuela.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for January 2023. Here are the details.
Sources at the Ministry of Energy (MinEnergia) spoke about a possible strained relationship between Minister Irene Vélez and her vice ministers.
Canacol Energy Ltd. (TSX: CNE) announced its capital and gas sales guidance for 2023.
Ecopetrol (NYSE: EC) reported a record refinery load during December 2022.
The Colombian government announced its expectations for Ecopetrol’s (NYSE: EC) contribution to the public finances in 2023, as well as expectations linked to oil production on the coming years.
The Minister of Finance (MinHacienda), Jose Antonio Ocampo, talked about the time it will take for the energy transition process to take place, and discussed oil exports and Colombia’s oil and gas reserves.
NG Energy International Corp. (TSXV: GASX) provided a 2022 ‘Year in Review’ and its operational road map for 2023.
Parex Resources Inc. (TSX: PXT) announced that the Toronto Stock Exchange (TSX) approved the company commencing a normal course issuer bid (Bid).