The government is laying its financial possibilities on the table for next year’s budget. Ecopetrol’s (NYSE: EC) dividends play an important role, yet expectations are low for this metric.
Former Ministers of Finance (MinHacienda) Rudolf Hommes and Mauricio Cárdenas, spoke about the sectors of the economy that need to be reactivated to boost the GDP growth.
This is the new initiative that the Ministry of Mines and Energy (MinEnergia) implemented to boost transparency measures in the industry.
The head of the Liberal Party, César Gaviria, denounced irregularities in the way royalties’ resources are being delivered to the regions. These and other stories in our periodic Royalties summary.
The International Monetary Fund (IMF) announced economic growth review for Latin American countries.
The Minister of Mines and Energy (MinEnergia), María Fernanda Suárez, presented her resignation letter to President Ivan Duque. Her Vice Minister of Energy, Diego Mesa, will now lead the entity.
With an Uribist government in power, I did not think I would have to update my “MinMinas Tenure Database” until August 7th 2024. But on last Thursday evening, I was proven wrong.
Liberal Party Senator, Luis Velasco, spoke about the Decree that allows the government to sell some of Ecopetrol’s (NYSE: EC) shares. Opinions on the matter are still divided.
The union sent a letter to Ecopetrol’s (NYSE:EC) CEO, Felipe Bayon, asking him to look after outsourced workers.
The Ministry of Mines and Energy (MinEnergia) spoke about the recovery of the oil, gas and energy industries, amid the health emergency.