Frontera Energy Corporation (TSX: FEC) announced its full year 2024 capital and production guidance.
According to the latest report by the Colombian Association of Petroleum and Gas (ACP), titled “Liquid Fuels in Colombia: Evolution 2023 and Perspectives 2024-2033,” the country will have an increase in its fuel tax collection.
During a regional meeting in Mariquita, Tolima, President Gustavo Petro escalated his rhetoric against oil and coal.
Ecopetrol (NYSE: EC), in collaboration with the Ministries of Energy and Science (MinCiencia), has initiated a call for companies with projects focused on “Research + Development + Innovation” (R+D+I).
The major Colombian-focused publicly traded oil and gas companies have communicated their 2024 guidance. With the president talking down the industry every chance he gets and few or no friends in the public sector, one would not be surprised to see much negative sentiment. How do they really feel or, at least, what did they share with investors?
Colombian President, Gustavo Petro, recently addressed concerns about the ‘precarious’ state of the state-owned oil company, Ecopetrol (NYSE: EC), during a speech at the Industrial University of Santander.