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Gasoline surcharge?

The outgoing Minister of Transportation (MinTransporte), William Camargo, introduced the possibility of implementing a gasoline surcharge to compensate for the tolls that are currently not being collected across the nation.

Tuesday, July 9th, 2024
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Tribute to Marianna Boza

Women in Mining Colombia (WIM) recently expressed their deep sorrow over the passing of Marianna Boza, a leader who championed gender equity and promoted the extractive industry in the country.

Tuesday, July 9th, 2024
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Ecopetrol’s 2025 dividend to be lowest since 2018

Ecopetrol’s 2025 dividend to be lowest since 2018

Ecopetrol’s dividend for 2025 is projected to be the lowest since 2018, with a nearly 50% drop compared to 2024.

Monday, July 8th, 2024
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Fuel subsidy drains public revenue

Amid the fiscal crisis that prompted the Colombian government to cut this year’s budget by CoP$20T, the Center for Economic Studies (Anif) published a recent report detailing the impact of the last two tax reforms.

Monday, July 8th, 2024
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Colombia’s energy sovereignty risks

The Petro administration’s policy of no new hydrocarbon exploration contracts has ignited debates about the future of Colombia’s energy sovereignty.

Monday, July 8th, 2024
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New chairman of the board at the ACP

The Colombian Petroleum and Gas Association (ACP) elected new members to lead its Board of Directors for the upcoming year.

Monday, July 8th, 2024
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Putting a price on next year’s business plan

Putting a price on next year’s business plan

Half of 2024 is now over. In most companies, while work continues on executing the 2024 plan, attention turns to planning 2025, setting budgets and targets. The critical external variable is the price of oil. We collect and analyse statistics on Brent which we offer here with commentary to help with the process.

Monday, July 8th, 2024
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Rig count in May

Rig count in May

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for May 2024.

Friday, July 5th, 2024
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Costly LNG imports loom

Ricardo Roa, President of Ecopetrol, announced that Colombia will face a gas shortage starting in 2025 due to declining reserves in recent years.

Friday, July 5th, 2024
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Diesel price talks

Alfonso Medrano, President of the Intergremial Chamber of Cargo Transporters, confirmed that discussions regarding a potential increase in diesel tariffs will resume.

Friday, July 5th, 2024
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