Colombia continues to look for alternatives to solve the current deficit of the Fuel Price Stabilization Fund (FEPC). The Ministry of Mines and Energy (MinEnergia) issued a statement with an important decision for the sector regarding this issue.
Vice Minister of Energy, Belizza Ruiz, spoke about the possibility of gas from Venezuela in the ENERCOL conference 2022.
Nelson Navarrete Hernández, ACIEM Vice President, gave the opening speech at Enercol 2022, touching on key issues for the sector.
Ecopetrol (NYSE: EC) pre-paid part of the debt from the acquisition of ISA.
The Board of Directors of Gases de Occidente announced the new General Manager of the company.
You are probably reading this on October 4th, 2022, less than two months after Gustavo Petro was sworn in as Colombia’s president. Amongst other broad commitments he said “I will work to achieve true and definitive peace.” Specifically, he announced that he would immediately begin negotiations with the ELN. Shortly after that, Petro began talking about a “Total Peace”, incorporating not only the ELN but the narcos who continue to terrorize parts of the country.
Ecopetrol’s (NYSE: EC) shares have been affected by a mix of uncertainty about a possible global recession and political uncertainty generated by the arrival of Gustavo Petro to the presidency.
Minister of Mines and Energy (MinEnergia) Irene Vélez spoke about fuel prices and energy security.
Colombian authorities are discussing the budget allocation for the payment of electricity, gas, and fuel subsidies.
Former Minister of Mines and Energy Diego Mesa talked about fracking and the country’s experience with this technique.
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