The technical team of Colombia’s Central Bank (BanRep) announced its expectations on oil performance.
This is what Minister of Finance (MinHacienda), José Antonio Ocampo, had to say about the possibility of awarding new oil contracts, and Ecopetrol’s (NYSE: EC) current situation.
The arrival of a new government that decided to stop natural gas exploration within Colombia reactivated the discussion about the need to build a new regasification plant in the country.
If, as expected, you read this in the Tuesday, November 15th 2022 newsletter, then Gustavo Petro celebrates his 100th day as President of Colombia. A Petro presidency was always going to be challenging but we do not think anyone anticipated the speed of the roller coaster we ride.
Like many things in this polarized world we now live in, most, perhaps all, Colombians fall into one of two camps: those who think Petro is a disaster and those who think there have been hiccups but he has brought about more change in three months than most presidents in three years. And like most things in this polarized world we now live in, both viewpoints contain elements of truth.
President of Congress, Roy Barreras, wrote a column in El Tiempo talking about key issues for the government such as the tax reform, and oil exploration.
The Minister of Mines and Energy (MinEnergia), Irene Vélez, talked about oil and gas exploration contracts.
The Comptroller General, Carlos Hernan Rodriguez, spoke about the controversy over the possibility of stopping oil and gas exploration in the country.
President Gustavo Petro gave a speech at the United Nations Climate Change Conference 2022 (COP27).
The third and fourth commissions of the Senate and the House of Representatives approved, in a first debate, the budget for the General Royalties System (SGR).
Spanish congressman Nicolás González visited Colombia and spoke about natural gas as a sustainable energy, and of the negative effects of setting high decarbonization goals.