As plans move forward to transition from fossil fuels to cleaner sources, companies involved in the production and distribution of fuels are exploring new business opportunities.
José Antonio Ocampo has barely left the building. His replacement Ricardo Bonilla has barely learned the passwords on his new computer and already he had to correct MinEnergia Irene Vélez on fundamental economics. This time it concerns gasoline pricing.
New Minister of Finance (MinHacienda) Ricardo Bonilla González talked about key issues such as economic stability, interest rates and fuel prices, among other.
The Confederation of Retail Distributors of Fuels and Energy (Comce) reported the main companies in the service station market in Colombia.
We normally publish our statistical review of the previous year around mid-first-quarter. But some key figures were delayed so we decided to wait until the end of the quarter. Hoping you find these charts useful for presentations or strategic discussions. Subscribers can request the Excel versions to do their own graphic design.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for April 2023. Here are the details.
The Colombian Petroleum Association (ACP) spoke about the evolution of the liquid fuels sector.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for March 2023. Here are the details.
The Minister of Commerce (MinComercio), Germán Umaña, announced that the national government is studying the purchase of all the shares of Monomeros from Venezuela.
The publicly-traded, Colombia-focused E&Ps have all published their CAPEX guidance and expectations for Brent for the coming year. Normally, we see that price is the biggest determinant of CAPEX but this year might be different with a left-leaning, activist government. Can we see any evidence that policy changes and / or the new tax laws have had an influence?