The two candidates contesting the second round of the elections have discussed their positions on oil.
Frontera Energy Corporation (TSX: FEC) announced executive changes.
It is only the first quarter so our simple projections are highly suspect, and we will concentrate on relative measures. Conclusion: higher prices are a good thing even for Ecopetrol’s feeble Refining Line-of-Business (LoB). There. You don’t have to read the article. Except to look at the graphs.
The governor of Cundinamarca, Nicolás García Bustos, announced that the Corporación Autónoma Regional del Guavio (Corpoguavio) delivered the environmental license for the construction of a section of the alternative route to the Llanos Orientales from the Guavio province.
Candidate Rodolfo Hernandez spoke about his presidential proposals, ruling out the possibility of implementing fracking in the country.
The European Union announced sanctions on Russian oil, sending prices soaring recently.
2022 continues to generate expectations of big deals; one of them contemplated the sale of a subsidiary of Ecopetrol (NYSE: EC) in the energy sector, initially to another company with operations in Colombia. However, it seems like the plans have changed.
The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during April 2022.
One of the leading examples of energy transition in Colombia is the case of Transmilenio, which has become the main fleet of natural gas buses in the region.
The Ministry of Finance (MinHacienda), the government and Ecopetrol (NYSE: EC) defined a scheme to cover the deficit of the Fuel Price Stabilization Fund (FEPC) as of March 2022.