Colombia’s central bank has conducted a study on the impact of foreign direct investment (FDI) in sectors other than mining and energy on exports.
President Gustavo Petro has expressed his dissatisfaction with the recent election of Ecopetrol’s (NYSE: EC) board of directors.
The Ministry of Mines and Energy (MinEnergia) is working to change the methodology to determine transportation tariffs for oil pipelines.
Attacks on oil infrastructure have increased this year, creating uncertainty in the industry and among communities. Authorities met with industry representatives to address the situation.
The government plans to pay the deficit of the Fuel Price Stabilization Fund (FEPC) with dividends from Ecopetrol (NYSE: EC).
The National Planning Department (DNP) has received a study titled “Natural Gas as a vehicle to increase welfare and reduce energy gaps of households in Colombia” from Naturgas.
The Colombian Chamber of Oil, Gas and Energy Goods and Services (Campetrol) expressed concern about the impact of social conflict on the country’s oil production.
Industry experts spoke about Colombia’s energy prospects following the decision to cancel the gas import project with Venezuela.
The USO spoke out about the quality of employment at Ecopetrol (NYSE: EC) and the wage gap between executives and workers in Colombia.
The motion of censure against the Minister of Mines and Energy, Irene Vélez, was defeated in the Senate.
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