The Ministry of Mines and Energy (MinEnergia) announced that a new Vice Minister of Mines was appointed.
Contradictions in the public agenda regarding the exploration and production of hydrocarbons are affecting the perception of the sector’s executives, and might jeopardize the future of the industry in Colombia.
Ecopetrol’s (NYSE: EC) new board of directors has already had its first controversy, less than a day after being announced.
The government of Gustavo Petro does not rule out that new oil contracts will continue to be authorized.
The Centro Nacional de Consultoría and Jaime Arteaga y Asociados conducted the Barómetro Petrolero (Petroleum Barometer) with positive results regarding Colombians’ perception of the oil and gas sector.
Colombia continues to discuss the possibility of stopping oil and gas exploration, and the negative effects on the country.
The Minister of Mines and Energy (MinEnergia), Irene Vélez, made headlines this week after political parties announced a censure motion against her.
President Gustavo Petro spoke about the need to change the dependence on oil and bet on other productive sectors.
The hydrocarbons business is mostly dominated by one player, Ecopetrol (NYSE: EC). There are, however, more important players in this market.
The Vice Minister of Energy, Belizza Ruiz, spoke about the Colombian government’s plans for the propane sector.
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