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Costs for freight transport to rise

A proposed policy by Colombia’s Ministry of Trade (MinComercio) could significantly impact the freight transportation sector by increasing tariffs on vehicles, tires, and spare parts by 10% to 20%.

Thursday, January 16th, 2025
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Oil production in Colombia

Oil production in Colombia

Crude oil production was up slightly in November of this year, according to the figures posted on the ANH’s website.

Thursday, January 16th, 2025
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Ecopetrol and AIQ partner

Ecopetrol (NYSE: EC) joined forces with AIQ, an Emirati multinational, to accelerate the energy transition and integrate artificial intelligence (AI) into their operations.

Thursday, January 16th, 2025
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White hydrogen projects

Colombian President Gustavo Petro signed a groundbreaking decree to implement white hydrogen projects, setting a clear path for the nation’s energy transition in 2024.

Thursday, January 16th, 2025
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Paris agreement impact

The 2015 Paris Agreement has significantly influenced the financial landscape for fossil fuel companies.

Thursday, January 16th, 2025
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Parex’s 2025 guidance

Parex’s 2025 guidance

Parex Resources Inc. (TSX: PXT) published its 2025 guidance, announced that its syndicated credit facility has been increased, as well as providing its 4Q24 average production.

Wednesday, January 15th, 2025
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“Killing the golden goose:” Sánchez says

Camilo Sánchez, president of the Council of Business Associations (Consejo Gremial) and Andesco, expressed grave concerns about Colombia’s energy future.

Wednesday, January 15th, 2025
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Gas import pricing policy

The Energy and Gas Regulatory Commission (CREG) is currently exploring measures to ensure that imported gas does not significantly impact the prices for consumers.

Wednesday, January 15th, 2025
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ANH oversight scandal

The Inspector General Office imposed a twelve-month suspension on Juan Carlos Vila Franco, former Head of Information and Communication Technologies at the National Hydrocarbons Agency (ANH).

Wednesday, January 15th, 2025
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Fuel exports decline year-over-year in November

Fuel exports decline year-over-year in November

The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during November 2024.

Monday, January 13th, 2025
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