The National Administrative Department of Statistics (DANE) reported the value of Colombian exports in July. This increased compared to the same period last year and the extractive sector played a key role in this behavior, once again.
In addition to the popular actions recently filed to try and stop the implementation of fracking in Colombia, now a group of lawyers filed a bill that seeks its prohibition.
This week the Duque government’s new hydrocarbons team was finalized. What will they do? What should they do?
The Ministry of Mines and Energy (MinMinas) announced an increase in fuel prices for August this year and the entity explained the decision. Politicians asked MinMinas for changes in fuel prices in producing areas.
María Fernanda Suárez, Minister of Mines and Energy (MinMinas), spoke about Ecopetrol (NYSE: EC) investment plans in the department of Santander and the deadlines for submitting the document.
The Colombian oil sector managed to overcome the crisis and the price environment is favorable for companies at present. The industry is facing good times, but there are several challenges to overcome as well.
The propane sector has been discussing about the possible subsidies expansion throughout the country in recent months. The Colombian Association of Natural Gas (Naturgas), the Colombian Association of Propane (Gasnova) and politicians spoke on this alternative.
The Ministry of Mines and Energy (MinMinas) announced the new Director of the National Hydrocarbons Agency (ANH). The entity highlighted the challenges of the new ANH head for the coming years.
The Colombian government announced the new director of the National Agency of Environmental Licenses (ANLA).
Prices are up but there is still a lot of uncertainty. As we go into the fall planning and budgeting season, what (if anything) can we say about the future?
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