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.
French bank Natixis plans to stop financing the trading of Ecuadorian crude oil by 2022.
The fuel shortage in the neighboring country has favored criminal groups located on the border.
Propane increased in price in recent months, due to the increase in international prices of propane and butane in the US.
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