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Colombian peso devaluation and oil industry

Colombian peso devaluation and oil industry

The dollar in Colombia continues to move between CoP$4,300 and CoP$4,500 and brings with it both positive and negative consequences for the hydrocarbons sector.

Wednesday, July 27th, 2022
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Environmental licenses in 2022

The National Environmental Licensing Agency (ANLA) reported the number of licenses granted this year.

Wednesday, July 27th, 2022
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Changing executives

Ecopetrol (NYSE: EC) and Gases de Occidente announced changes in their executive team.

Wednesday, July 27th, 2022
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Former ANH official under investigation

The Attorney General’s Office announced an investigation against a former technical Vice-president of the National Hydrocarbons Agency (ANH).

Wednesday, July 27th, 2022
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Oil may potentially fall to US$45

Oil may potentially fall to US$45

Citigroup talked about the possible behavior of oil prices in coming years.

Tuesday, July 26th, 2022
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NG Energy announces gas discovery

NG Energy International Corp. (TSXV: GASX) announced a new gas discovery in Colombia.

Tuesday, July 26th, 2022
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Propane crisis?

Agremgas and Gasnova commented on propane prices and the unfulfilled promises of Ecopetrol (NYSE: EC) on this issue.

Tuesday, July 26th, 2022
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Frontera and CGX revise their agreement in Guyana

Frontera Energy Corporation (TSX: FEC) and CGX Energy Inc. (TSXV: OYL) announced an agreement to amend the Joint Operating Agreement originally signed between CGX and a subsidiary of FEC on January 30, 2019.

Tuesday, July 26th, 2022
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Let’s do the time warp again

Last Wednesday, July 20th 2022, the new Colombian Congress was sworn in. Despite the arithmetic we did at the time it was elected (way back in March) and again when the presidential elections concluded (just over a month ago), the majority is now supporting Gustavo Petro. Who would have thought it? I certainly did not but I should have.

Sunday, July 24th, 2022
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ECP’s exports distribution 1Q22

ECP’s exports distribution 1Q22

Ecopetrol (NYSE: EC) reported its export metrics for the first quarter of 2021. Here are the details.

Thursday, July 21st, 2022
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