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Challenges in Colombia’s gas sector

AsoenergĂ­a underscores that natural gas, a vital element in the national energy matrix, is hampered by high costs and supply disruptions, negatively impacting demand.

Monday, September 18th, 2023
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Air France looks at Colombia for SAF

Air France-KLM recently held its Second Roundtable on Sustainable Aviation Fuel (SAF) Development in Colombia.

Monday, September 18th, 2023
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MinHacienda sent a message to transporters

Finance Minister (MinHacienda) Ricardo Bonilla addressed the fuel prices discussion, acknowledging the concerns raised by potential increases in this fuel type once the adjustments for regular gasoline are finalized.

Monday, September 18th, 2023
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For worse and for better

For worse and for better

The news is full of rising prices and their potential impact on gasoline and the upcoming US elections. But as the lead graph shows, oil prices fell during 2Q23 and that had a parallel impact on netback.

Monday, September 18th, 2023
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GTE talks Suroriente block

GTE talks Suroriente block

Gran Tierra Energy Inc. (TSX: GTE) announced the successful completion of all pending conditions outlined in the agreement made on April 11, 2023, with Ecopetrol (NYSE: EC).

Thursday, September 14th, 2023
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Fitch on oil contracts in Colombia

Representatives from the credit rating agency Fitch Ratings talked about the risk of unilaterally canceling ongoing exploration contracts.

Thursday, September 14th, 2023
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ECP talks FEPC

Ecopetrol (NYSE: EC) talked about financial matters, specifically regarding the Fuel Price Stabilization Fund (FEPC) and the strategies implemented to reduce its deficit through fuel price adjustments.

Thursday, September 14th, 2023
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CB&I’s restructuring

In a recent announcement, CB&I UK Limited, McDermott International Holdings B.V., and Lealand Finance Company B.V. revealed plans for judicial restructuring under Dutch and UK law.

Thursday, September 14th, 2023
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Tourism as a replacement for oil

Tourism as a replacement for oil

During the international presentation of the Brand Country initiative, “Colombia: The Country of Beauty,” the President, Gustavo Petro, emphasized Colombia’s immense potential to attract tourists, citing its unique selling point, “diversity.”

Wednesday, September 13th, 2023
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Sell ECP?

JP Morgan’s recent warning about the significant reduction in liquidity in the Colombian stock market has raised concerns of a potential reclassification from an emerging market to a frontier market.

Wednesday, September 13th, 2023
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