President Gustavo Petro said that refining capacity decreased significantly in 2022, increasing the deficit of the Fuel Price Stabilization Fund (FEPC), but has this really happened?
In response to a request from the Colombian government, represented by Finance Minister Ricardo Bonilla, to construct another report on oil and gas reserves within six months, the landscape for signing exploration contracts remains in a gray area.
A total of 69 companies have joined forces to finance 77 projects through the ‘Works for Taxes’ mechanism, utilizing a portion of their income tax, as reported by the Agency for Territorial Renewal (ART).
Naturgas’ Luz Stella Murgas talked about the natural gas role in providing social and environmental benefits to 36 million Colombians who rely on it for their homes, businesses, transportation, and industries.
Canacol Energy Ltd. (TSX: CNE) announced the following information concerning the Lulo 2 well and May 2023 natural gas sales.
President Gustavo Petro has put on the table the possibility of the country being able to buy gasoline abroad at a cheaper price to prevent the deficit of the Fuel Price Stabilization Fund (FEPC) from continuing to grow.
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