In a recent report, BTG Pactual analyzed the extension of the agreement between Colombian oil company Ecopetrol and Occidental Petroleum (NYSE: OXY) to continue hydrocarbon production in the Permian Basin (Texas, U.S.), where fracking is utilized.
Amid ongoing concerns over natural gas availability and rising prices in Colombia, speculation arose regarding a possible intervention of Vanti by the Superintendency of Industry and Commerce (SIC).
Colombia’s Mining and Energy Planning Unit (UPME) released its latest study, Natural Gas Supply Plan 2023-2038, outlining potential supply challenges and the urgent need for new infrastructure to secure the country’s energy future.
The ANH has published the detailed results for oil and gas for 2024 so it’s time to dissect what happened. Oil production was down less than 1%. We might have expected worse.
The debate over gas prices in Colombia has sparked controversy, with conflicting narratives from gas distributors and the government.
Following the release of the 2025 Financial Plan by the Ministry of Finance (MinHacienda), experts have adjusted their projections on how fluctuations in oil prices impact Colombia’s national income.
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