The election of Gustavo Petro as president generated a lot of uncertainty among Ecopetrol (NYSE: EC) investors, seriously affecting its market value. Petro sent a message of reassurance recently.
The National Government, through the Ministry of Finance (MinHacienda), announced the disbursement for the coming years to cover the deficit of the Fuel Price Stabilization Fund (FEPC).
The National Tax and Customs Directorate (DIAN) found that some firms in the oil and gas segments have outstanding accounts in Colombia.
After the election of Gustavo Petro as president of Colombia, uncertainty grew in the extractive sector. Industry experts talked about this issue.
I was at a conference this week (not virtual!) and, inevitably, all the meals were served buffet-style (which we used to call smorgasbord – but have not seen that word much lately). Inspired by this, my commentary will be a little bit of one thing and some of another: Petro, oil prices, President Duque’s legacy and whatever else inspires – or maybe less. Inevitably as well at a buffet, one’s ambitions exceed one’s capacity.
Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures during 1Q22. Here are the details.
Vice President-elect Francia Marquez spoke about one of President-elect Gustavo Petro’s most controversial proposals, oil exploration.
Associations of the extractive sector commented after the election of Gustavo Petro as president.
The oil and mining sector is becoming one of the main allies for the development of Colombia’s regions through royalties.
The Mining and Energy Planning Unit (UPME) published the investor selection documents so that market experts can make their respective comments before the new call for bids for the new regasification plant in the Pacific.