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New chairman of the board at the ACP

The Colombian Petroleum and Gas Association (ACP) elected new members to lead its Board of Directors for the upcoming year.

Monday, July 8th, 2024
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Putting a price on next year’s business plan

Putting a price on next year’s business plan

Half of 2024 is now over. In most companies, while work continues on executing the 2024 plan, attention turns to planning 2025, setting budgets and targets. The critical external variable is the price of oil. We collect and analyse statistics on Brent which we offer here with commentary to help with the process.

Monday, July 8th, 2024
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Rig count in May

Rig count in May

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for May 2024.

Friday, July 5th, 2024
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Costly LNG imports loom

Ricardo Roa, President of Ecopetrol, announced that Colombia will face a gas shortage starting in 2025 due to declining reserves in recent years.

Friday, July 5th, 2024
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Diesel price talks

Alfonso Medrano, President of the Intergremial Chamber of Cargo Transporters, confirmed that discussions regarding a potential increase in diesel tariffs will resume.

Friday, July 5th, 2024
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Promigas users increased

Promigas, through its subsidiary Surtigas, reached a significant milestone of connecting seven million users to its natural gas service.

Friday, July 5th, 2024
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