News and AnalysIs for

Recent adjustments in diesel prices are beginning to exert pressure on inflation rates in Colombia.

In a strategic move to underscore the significance of coal to Colombia’s economy and its role in the upcoming energy transition, key industry groups Andeg, Fenalcarbón, and Aciem have formed a powerful alliance.

Fitch Ratings has affirmed Primax Colombia’s long-term and short-term national ratings at ‘AA+(col)’ and ‘F1+(col)’, respectively, maintaining a stable outlook.

Frequent contributor Tomás de la Calle brings us his overview of 100 years of Colombian government oil industry policy. He tells us to look at the history in terms of three distinct ages: The Ancient Age, The Elephants Age and The Capybaras Age.

Colombia is poised for significant growth in its agricultural sector, particularly in the production of ethanol from sugarcane.

Ecopetrol (NYSE: EC) announced that it has received payments amounting to CoP$12.9T in the first half of the year from the Fuel Price Stabilization Fund (FEPC).

Parex Resources suspended its exploration activities for a new oil well in the ‘Loma de Caballo’ area within the municipality of Tenerife.

In a groundbreaking move towards sustainability, Ecopetrol (NYSE: EC) successfully transported two million barrels of crude oil to international markets using a hybrid technology vessel.

Colombia boasts 342 oil fields contributing to its monitored oil production, as reported by the Colombian Petroleum and Gas Association (ACP).

Finance Minister (MinHacienda) Ricardo Bonilla outlined the government’s strategy for economic recovery, indicating that recent national economic figures and expert estimations suggest the country “has entered a path of recovery.”