News and AnalysIs for

The Ministry of Mines and Energy (MinMinas) announced a new increase in fuel prices for March 2019. The Federation of Cargo Transport Companies (Fedetranscarga) spoke on this subject and sent a clear message to the government.

The increasing use of Vehicular Natural Gas (VNG) and propane has industry experts wondering if these products will replace traditional gasoline and diesel in the mid-term.

The National Biofuels Federation supported the initiative of increasing the amount of biodiesel in the fuel mix, but for transport Association, Andemos, the measure will end up affecting their engines.

Jorge Bendeck, President of the Colombia’s Biofuels Federation (Fedebiocombustibles), participated in the International Conference on Biofuels in Medellin. He talked about relevant issues such as regulation, market potential and import tariffs, among other.

The Colombian Association of Natural Gas (Naturgas) proposed adjusting the carbon tax to promote the transition to a cleaner energy matrix.

February 14^th is Valentine’s Day in many parts of the world (and increasingly celebrated in Colombia). It is also the day that BP chose to launch this year’s Energy Outlook, an eagerly-awaited, multi-scenario look at the future of energy demand and supply. (OK, eagerly awaited by nerds like our Analyst.)

Last week, I was at my annual pilgrimage to a high-tech fair in Barcelona and it happens to occur directly after BP publishes its annual Energy Outlook. With the forecast in my head, this year I was particularly looking at the fair for trends that affect the oil and gas business. I found one that will have a definite impact and one that should, theoretically, but for which it was hard to find real-world examples.

ValueSkies will produce renewable fuel and diesel in Cali. Here are the details.

Ecopetrol (NYSE:EC) announced a contingency plan due to low fuel inventories in the 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.