Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures as of June 2024. Here are the details.
Ecopetrol (NYSE: ECP) announced that it is in discussions with Occidental Petroleum (NYSE: OXY) to potentially acquire a 30% stake in CrownRock.
In a collaborative effort between the Arauca Risk Management Unit and Parex (TSX: PXT), yellow machinery equipment was delivered to the municipalities of Fortul, Tame, Arauquita, Saravena, and Arauca.
In 2023, companies in the chemical and agrochemical sectors played a significant role in the economy, collectively achieving operational revenues exceeding CoP$18.6T.
Recently, the Ministry published gas production forecasts on a steep downslope. We do not entirely trust MinEnergia, since the president wants to justify importing gas from Venezuela so we looked at the data. The story is not good although maybe not as bad as the government wants us to believe.
The National Administrative Department of Statistics (DANE) has released the results of the Environmental and Economic Account of Mineral and Energy Resource Assets, revealing a decline in the reserve life index of four out of six key resources in 2023 compared to the previous year.
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