The government made its fiscal accounts under the assumption that the Brent benchmark oil barrel would average US$70 this year. However, prices have risen considerably in recent weeks.
Presidential Pre-candidate Enrique Peñalosa spoke about the proposal to end oil exploration and the main economic challenge for the next government.
The National Hydrocarbons Agency (ANH) started the socialization process of new oil contracts.
Colombia’s Central Bank reported Foreign Direct Investment (FDI) during the first month of this year, with positive results, especially in the oil sector.
The National Hydrocarbons Agency (ANH) talked about the possibility of a new ‘Window’ for the Competitive Permanent Process (PPAA).
President Ivan Duque has sent indirect messages about candidate Gustavo Petro’s proposals on ending the oil sector.
The Comptroller General’s Office (CGR) is investigating a huge loss of royalties resources in Magdalena.
The former mayor of Medellín and presidential pre-candidate Federico Gutiérrez spoke about the country’s economic challenges and the importance of oil for the economy.
The Ministry of Mines and Energy (MinEnergia) signed Resolution 40066, which advances the commitments made by the country at COP26.
Colombian E&Ps have published their strategy and investment documents for 2022 and many of them are looking beyond Colombia for growth, including Ecopetrol. Is this normal diversification or cause for concern?
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