The publicly-traded, Colombia-focused E&Ps have all published their CAPEX guidance and expectations for Brent for the coming year. Normally, we see that price is the biggest determinant of CAPEX but this year might be different with a left-leaning, activist government. Can we see any evidence that policy changes and / or the new tax laws have had an influence?
Gran Tierra Energy Inc. (TSX: GTE) announced its financial and operating results for the fourth quarter of 2022.
The International Monetary Fund (IMF) commented on the reforms that the government of President Petro plans to carry out in the country.
The Ministry of the Environment (MinAmbiente) published the Terms of Reference for the request of withdrawal or reclassification of forest reserves established by Law 2ª of 1959.
Jorge Bendeck, President of the National Federation of Biofuels (FedeBiocombustibles), will leave the organization.
The government filed a bill that seeks to add more than CoP$25.4T to the National General Budget (PGN) in 2023. Ecopetrol (NYSE: EC) dividends play a key role in this.