We updated our Ecopetrol Line-of-Business (LoB) financial charts for fully year 2021, which now include ISA broken out separately. The effect on Income Statement numbers is only from September so about 1/3 of what we should see in 2022.
The Ministry of Mines and Energy (MinEnergia) announced oil and gas production during the first week of April.
Judge Blanca Judith Martinez ruled against the Fracking Pilot Projects in Puerto Wilches.
One of the economic issues that most generates controversy and discussions between the candidates aspiring to the Presidency is oil activity.
The Brazilian government awarded 59 oil and gas blocks last week, and Ecopetrol (NYSE: EC) had an active participation in this process.
The National Hydrocarbons Agency (ANH) announced a new Regulation for the Selection of Contractors and the Allocation of E&P Areas in the country.
As the Duque Administration is coming to an end, several officials have already resigned to move on to new projects.
Gasnova’s Alejandro Martinez Villegas issued a warning about possible substantial increases in propane prices in the coming months.
A new regulation could risk bankruptcy in several service stations.
The volatility of oil prices continues to generate uncertainty in the markets.
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