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Petro wants zero FDI in extractive industry

President Gustavo Petro emphasized Colombia’s progress in shifting from an extractive to what he calls “a productive economy”.

Monday, June 10th, 2024
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New gas policy

The Ministry of Mines and Energy (MinEnergia) published a draft decree to amend Chapter 2, Title II, Part 2, Book 2 of Decree 1073 of 2015.

Monday, June 10th, 2024
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More changes at Ecopetrol

Ecopetrol (NYSE: EC) is undergoing significant leadership changes within its subsidiaries.

Monday, June 10th, 2024
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Stable prices mean stable netback

Stable prices mean stable netback

It seems trivial to reduce all the work companies do to stimulate sales and manage costs to a simple rule but, for the last five quarters, the consequences have not changed. The lead graph shows Average Realized Oil Price in 1Q24 was very similar to 2023 and so was netback.

Sunday, June 9th, 2024
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Gas production in April

Gas production in April

The National Hydrocarbons Agency (ANH) published the natural gas production for April in Colombia.

Thursday, June 6th, 2024
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ACP criticizes government

At the Sustainability Congress, Frank Pearl, President of the Colombian Association of Petroleum and Gas (ACP), emphasized the need for a uniquely Colombian approach to energy transition.

Thursday, June 6th, 2024
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