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Where do we go now?

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?

Sunday, February 18th, 2024
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Democratization of Ecopetrol?

Democratization of Ecopetrol?

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.

Friday, February 16th, 2024
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Fuels deficit

The Colombian government’s decision not to increase diesel prices has resulted in significant fiscal costs to cover the subsidy.

Friday, February 16th, 2024
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Workplace harassment allegations at ANH

Allegations of workplace mistreatment within Colombia’s Ministry of Mines and Energy, (MinEnergia) particularly at the National Hydrocarbons Agency (ANH), led by Orlando Velandia, have sparked concerns.

Friday, February 16th, 2024
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Maintenance program at Barrancabermeja refinery

Ecopetrol (NYSE: EC) started an ambitious maintenance program at its Barrancabermeja refinery.

Friday, February 16th, 2024
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Social blockades in 2023

Social blockades in 2023

The Colombian Association of Oil and Gas (ACP) raised concerns about the impact of social blockades on the distribution of liquid fuels in Colombia in 2023.

Thursday, February 15th, 2024
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