Empresas Publicas de Medellin (EPM) and Canada’s investment fund, Brookfield, are competing for Gas Natural; a firm that holds more than 35% of the national gas distribution in Colombia. How would each firm change if winning the tender?
The union spoke about Ecopetrol’s (NYSE: EC) alleged debt with Barrancabermeja, which according to them, has been accumulating since 2014.
Recently the ACP announced its long-term price forecasts out to 2028. They also compared their numbers to other, publicly-available projections. We provide our own version of the comparison graph, translate some of the ACP’s commentary and give some of our own.
As I told you last time, we are preparing a book so I needed to reread all our weekly summaries about the FARC peace process. It was interesting how momentum had ebbed and flowed during the nearly five years of the process. In this final installment, I focus on that momentum and the important turning points.
Government and industry representatives attended the “100 years of oil in Colombia” forum, organized by La República newspaper. They gave their perspective on what the year looks like for the industry.
The intention to carry out anti-oil referendums continues to grow in different regions of the country, affecting the investors’ confidence and the industry development in Colombia. Communities will conduct a new consultation in the department of Huila.
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