In response to the recent announcement of a potential strike by Colombian truck drivers due to an anticipated increase in diesel prices, Finance Minister Ricardo Bonilla issued a strong rebuke.
The Colombian Mining and Energy Planning Unit (UPME) took a decision about the pacific regasification tender.
The Colombian government’s reluctance to award new oil contracts stems from the belief that previously awarded contracts are sufficient to sustain hydrocarbon exploration and production in the country.
Ecopetrol (NYSE: EC) is undergoing a series of changes within its executive team.
The Pacific Regasification project remains one of Colombia’s energy endeavors that the government is determined to develop to bolster energy security.