Ministers of Mines and Energy (MinEnergia), Diego Mesa, and Environment (MinAmbiente), Carlos Correa, spoke about the new taxes contemplated in the tax reform.
Ecopetrol (NYSE: EC) continues to strengthen and work on its ‘sosTECnibilidad’ strategy.
Senator Jose David Name organized a debate on political control over the Pacific Regasification Plant.
The tax reform plans to increase the VAT on gasoline. Experts spoke about the estimate of the increase in prices.
I have been reluctant to write this because so much seems up in the air but at the same time, the most important political issue affecting Colombian business today is the government’s proposed tax reform.
Canacol Energy (TSX: CNE) announced the results of an independent prospective resources evaluation of two shale oil blocks.
Ecopetrol (NYSE: EC) reported the number of jobs created in Middle Magalena during the first months of this year.
Naturgas joined the Bogota Clean Air Patc.
Campetrol’s Nelson Castañeda spoke about Fracking Pilot Projects (PPII), renewable energies and oil and gas reserves.
We do not have companies’ 1Q21 results but we can update our chart for 4Q20 and the trend we identified last time continues: higher Brent means a lower Vasconia offset. So a double benefit from higher Brent for Colombian E&Ps.