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Potential impact of halving oil production

Potential impact of halving oil production

The National Planning Department (DNP), in collaboration with the French Development Agency and ECLAC, released a study examining the repercussions of halving the production of oil and coal on employment, GDP, and poverty levels.

Wednesday, September 20th, 2023
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NG Energy operational update

NG Energy International Corp. (TSXV: GASX) announced the completion of the second Drill Stem Test (DST-2) at the Aruchara-3 well in the H2 Zone of the Jimol Inferior Formation.

Wednesday, September 20th, 2023
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Fuel supply disruption due to roadblocks

The Colombian Association of Oil and Gas (ACP) has raised a red flag regarding the impact of roadblocks this year on the supply of gasoline, diesel, and jet fuel.

Wednesday, September 20th, 2023
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More pressure on gasoline prices

Colombians can expect the price of gasoline to continue its upward trajectory for at least the next two months, according to President Gustavo Petro’s government. However, one critical factor in this equation is the fluctuation of global oil prices.

Wednesday, September 20th, 2023
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Cocaine poised to overtake oil as Colombia’s leading export

Cocaine poised to overtake oil as Colombia’s leading export

Colombia is on the verge of seeing cocaine surpass oil as its primary export, driven by a surge in narcotics production amid a more lenient government stance on drugs.

Tuesday, September 19th, 2023
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Exploring alternatives for the Pacific regasification plant

The recent declaration of the pacific regasification plant’s second call for bids as unsuccessful has brought to light the need for the government to present viable alternatives to the market.

Tuesday, September 19th, 2023
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