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.
Alianza Verde members Inti Asprilla, Ana Carolina Espitia and Juan Diego Muñoz, filed a bill to reform the country’s oil industry. Here are the details.
The government seeks to collect CoP$22T during the next year with the tax reform. Industry associations spoke the role of the industry in this scenario.
Minister of Mines and Energy (MinEnergia), Irene Vélez, spoke about Ecopetrol’s (NYSE: EC) role in the energy transition process.
Market research firm, Invamer, conducted a survey to find out more about the opinion of Colombians on the possibility of stopping oil and gas exploration.
Our readers located outside of Colombia may not have noticed but the Colombia peso has soared lately, and pundits expect it to cross the 5,000 pesos-to-the-dollar barrier any day. It may have already done so by the time you read this article. Inevitably the finger pointing has started. Colombian President Gustavo Petro blames the United States. Business groups tend to blame Petro. In the interest of truth if not beauty, we looked at the data.
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