News and AnalysIs for

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?

The Minister of Finance (MinHacienda), José Antonio Ocampo, and the Minister of Energy (MinEnergia), Irene Vélez, do not agree on the topic of awarding of new oil contracts.

Saúl Kattan, Chairman of the Board of Directors at Ecopetrol (NYSE: EC), spoke about the departure of Felipe Bayón and the company’s priorities for 2023.

Ecopetrol’s (NYSE: EC) bond prices reported a drop, following the announcement of Felipe Bayón’s departure as the NOC’s CEO.

Fedesarrollo developed a study on the ‘Macroeconomic impact of the oil sector’.

The NOC announced that engineer Felipe Bayón Pardo will no longer lead the company, starting March 31^st, 2023.

The World Economic Forum (WEF) discussed the most pressing risks regarding climate change for 2023 and coming years.

The Colombian Oil and Gas Association (ACP) talked about investment expectations for the fuels sector in 2023.

This week I should have published an Analyst’s Desk i.e. quantitative article but Minister Vélez keeps the issue of gas reserves and new contracts on the front burner of Colombian politics and I could not resist commenting. By the time the next What We Think slot comes up, who knows what she will have said or what government policy might be?