News and AnalysIs for

Helena Storm, Sweden’s ambassador to Colombia, spoke about the benefits of sustainable mining.

Colombia is making progress in expanding the coverage of natural gas, propane and energy public services, but there are still a large number of people who use firewood as their main cooking fuel.

We do a periodic analysis piece whose working (and often final) title is “Winners and Losers”. It starts from the obvious that movement in Colombia’s total production is the net result of the movement of the production of literally hundreds of fields up (winners) or down (losers). Given what has happened since we last analyzed field-level results, one could legitimately wonder if there were any winners to write about.

The National University of Colombia carried out a study on the country’s crude oil potential, with positive results.

Colombia continues to report new natural gas users.

Ecopetrol (NYSE: EC) has selected Petrolern LLC to advance its geothermal energy strategy.

Gran Tierra Energy (NYSE: GTE) announced an operations and financial update.

While rising oil prices have brought smiles to the faces of oil producers and MinHacienda, rising global natural gas prices must be keeping the CREG up at night. It should also be disturbing advocates of the regas strategy.

The Minister of Finance (MinHacienda), José Manuel Restrepo, spoke about the economic reactivation and the sectors that will be key in this process.

The Fuel Price Stabilization Fund (FEPC) will have a growing deficit due to the rebound in international oil prices and the global increase in fuel costs.