Finance Minister (MinHacienda) Ricardo Bonilla addressed the fuel prices discussion, acknowledging the concerns raised by potential increases in this fuel type once the adjustments for regular gasoline are finalized.
The news is full of rising prices and their potential impact on gasoline and the upcoming US elections. But as the lead graph shows, oil prices fell during 2Q23 and that had a parallel impact on netback.
Gran Tierra Energy Inc. (TSX: GTE) announced the successful completion of all pending conditions outlined in the agreement made on April 11, 2023, with Ecopetrol (NYSE: EC).
Representatives from the credit rating agency Fitch Ratings talked about the risk of unilaterally canceling ongoing exploration contracts.
Ecopetrol (NYSE: EC) talked about financial matters, specifically regarding the Fuel Price Stabilization Fund (FEPC) and the strategies implemented to reduce its deficit through fuel price adjustments.
In a recent announcement, CB&I UK Limited, McDermott International Holdings B.V., and Lealand Finance Company B.V. revealed plans for judicial restructuring under Dutch and UK law.
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