Ecopetrol’s (NYSE: EC) Felipe Bayón talked about the option to make an eventual issuance of shares on the Colombian Stock Exchange.
It is hard to believe that President Gustavo Petro was only inaugurated a week ago (as we write). The new government has already submitted two draft laws which represent its campaign commitment to hobble the extractive industries, especially oil and gas: a tax reform and a law against unconventional reservoirs. Here we do some simple graphics to illustrate the potential consequences of the windfall tax included in the former.
Frontera Energy (TSX: FEC) announced its financial and operating results for 2Q22.
The Minister of Environment (MinAmbiente) Susana Muhamad filed a bill to ban fracking in Colombia.
The Ministry of Mines and Energy (MinEnergia) reported royalties’ collection during January 2021 and July 2022.
The Ministry of Mines and Energy (MinEnergia) said that the new minister, Irene Vélez, does meet the requirements to take office.