The Ministry of the Environment (MinAmbiente) announced that the country is satisfactorily progressing in this process that will bring it a step closer to taking actions to face climate change.
Colombia has few years of oil reserves remaining and concerns about loss of self-sufficiency have increased in recently. However, the country has several regions with great potential. The Llanos Orientales is one of them.
Naturgas’ Orlando Cabrales warned that Ecopetrol would have to import diesel in the coming years, given the increase in demand for this fuel in mass transport systems.
The Energy and Gas Regulatory Commission (CREG) issued new tariffs for gas transportation recently, generating controversy with industry members. Experts from the sector spoke about the need to change this methodology.
The union argued that there are strategies to privatize the NOC, weaken it, and then order its sale.
After years of underperforming global indexes, Colombian-focused companies finally caught one: the TSX’s index of Canadian oil and gas stocks.
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