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The oil price recovery has generated high expectations in the private and public sector due to its multiple benefits. Experts talked about the behavior of oil prices and its possible benefits for Colombia.

The Ministry of Mines and Energy (MinMinas) announced an increase in fuel prices for August this year and the entity explained the decision. Politicians asked MinMinas for changes in fuel prices in producing areas.

María Fernanda Suárez, Minister of Mines and Energy (MinMinas), spoke about Ecopetrol (NYSE: EC) investment plans in the department of Santander and the deadlines for submitting the document.

Terpel completed 50 years of operation recently and its president Sylvia Escovar spoke about the company’s plans, challenges and projects in the country and other relevant issues.

The Colombian Association of Natural Gas (Naturgas) wrote a report comparing the prices of gasoline with natural gas prices in the main cities of the country. The price difference between these two fuels has increased recently.

The Ministry of Mines and Energy (MinMinas) announced fuel prices for August this year.

The discussion about the high fuel prices and the government’s ‘magic formula’ seems to have no end. The Colombian Federation of Cargo and Logistics Transporters (Colfecar) spoke about the behavior of this metric during this year and its consequences.

Colombia’s National Biofuels Federation (Fedebiocombustibles) spoke about the challenges that the new administration has when it comes to downstream.

In our final article based on BP’s update to its energy statistics, we look at a couple of topics we do not usually extensively cover in HCC: the domestic demand side, specifically refining and electricity generation, with a closer look at renewables.

The National Development Plan 2014-2018 contemplated large infrastructure projects and the Tumaco fuel terminal was one of the main ones. The southwest of the country benefits the most from this new terminal.