Search for your article of interest

Downstream & Pricing

Barrancabermeja Refinery

The Barrancabermeja Refinery completed 97 years of operation in Colombia on February 18. Colombian authorities have promised large investments for this important facility, but these have not happened so far, affecting its performance.

Wednesday, February 20th, 2019
Usefulness:

Colombia to import fuel

Ecopetrol (NYSE: EC) reported low levels of B2E diesel stock for pipeline transport systems due to maintenance activities in the Barrancabermeja Refinery during the first weeks of February. The Ministry of Mines and Energy (MinMinas) published measures to mitigate this situation and ensure distribution in the country.

Tuesday, February 19th, 2019
Usefulness:
Fuel prices formula

Fuel prices formula

The Colombian government presented the National Development Plan (PND) recently, generating several discussions in the country. The fuel prices formula returned to the discussion table in the PND.

Monday, February 18th, 2019
Usefulness:
UPME forecasts fuel prices for thermo-electric generators

UPME forecasts fuel prices for thermo-electric generators

As we published last week, the MinMinas think-tank and research bureau, UPME, published a long document on energy prices just before Christmas. We have picked a few charts we think are interesting.

Monday, February 18th, 2019
Usefulness:

Fuel prices discussion

Fuel prices have generated much discussions and controversy in Colombia because of the formula to calculate them and their included taxes, among other issues. The Constitutional Court ruled on one of the components of the prices and the Ministry of Mines and Energy (MinMinas) announced an examination of the formula.

Tuesday, February 5th, 2019
Usefulness:
Fuel prices in February 2019

Fuel prices in February 2019

The Ministry of Mines and Energy (MinMinas) announced a new increase in fuel prices for February 2019. The Colombian Federation of Cargo and Logistics Transporters (Colfecar), commented on this measure.

Monday, February 4th, 2019
Usefulness:

MinMinas talks Producer Prices

 

The Ministry of Mines and Energy (MinMinas) published the list of Producer Prices for different type of fuels for January 2018. Here are the details.

Thursday, January 31st, 2019
Usefulness:
Oil prices in 2019

Oil prices in 2019

Oil prices had a volatile behavior during 2018, reaching up to US$90 per barrel, but these ended the year in a range close to US$50. What are the expectations for this year? Experts analyzed this important metric.

Thursday, January 24th, 2019
Usefulness:
Vasconia discount deepens in 3Q18

Vasconia discount deepens in 3Q18

Vasconia is the archetypical Colombian crude but its price is not widely published. Instead the popular press and even company financial reports talk about Brent (mostly) and sometimes WTI. The relationship between Brent and Vasconia is not fixed over time.

Tuesday, January 15th, 2019
Usefulness:
Fuel prices drop to start 2019 – but not very much

Fuel prices drop to start 2019 – but not very much

The Ministry of Mines and Energy (MinMinas) announced a decrease in fuel prices for January 2019. The National Administrative Department of Statistics (DANE) spoke about the behavior of this metric in 2018.

Monday, January 7th, 2019
Usefulness: