January, Brent averaged US$55.89 and in February US$56.24, a less than 1% change and identical in percentage terms to the change between January 2017 and December 2016. Yawn!
Huila’s inhabitants showed their rejection against this year’s fuel surcharge in the department.
Liberal Senator Luis Fernando Velasco, expressed his rejection towards this year’s fuel surcharge, which he classified as “illegal and unfair” to Colombians’ finances.
Tito Salcedo Díaz, general manager of BioD, described the main guidelines that the sector must follow to find its place at the global table.
The Ministry of Mines and Energy (MinMinas) revealed fuels prices for March. Both gasoline and diesel went up due to the reversion of the surcharge methodology.
The gas industry in Colombia is having an intense debate between members of the hydrocarbons sector and the National Government. Some companies in the sector do not agree with these plants while the government wants to promote them.
Ecopetrol (NYSE: EC) reported that Barrancabermeja’s refinery celebrated its 95th anniversary with positive financial results, operating and petrochemical production records, and innovations in its processes, which keeps it at the forefront of industrial development in the Middle Magdalena region.
The National Administrative Department of Statistics (DANE) released data on industrial production growth in 2016 compared to 2015. The fuel and refining sector reported the largest increase.
Many opinions have come out after the decision of the Ministry of Mines and Energy (MinMinas) to reduce the gas surcharge. German Arce, MinMinas, explained his rational.
A report in La República shows the price per cubic meter (m³) that Colombians pay in each department. Servicio Públicos y Gas S.A., a small company located in Tolima, surpasses over three times some other companies in the same department.
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