After a long run of revaluation, the Colombian peso has devalued over 7% just since the beginning of June. That got us thinking again about oil prices, specifically Brent, in pesos versus dollars.
Recent reports from the National Hydrocarbons Agency (ANH) have highlighted a significant issue: Colombia’s dwindling gas and oil reserves.
Natalia Pardo Villaveces, Ph.D., and Carlos Daniel Cadena, Ph.D., from Universidad de los Andes, emphasized the critical role of geosciences in understanding natural processes and making informed decisions to prevent or respond to disasters.
Primax Colombia S.A. announced that an extraordinary shareholders’ meeting was held, where several significant resolutions were approved.
The National Association of Financial Institutions (ANIF) emphasized that while the global shift towards renewable energy is inevitable, oil and gas will remain essential components of the energy matrix for the foreseeable future.
Ecopetrol (NYSE: EC) announced that bondholders have unanimously approved the statutory changes modifying the company’s social purpose.