The Brazilian government awarded 59 oil and gas blocks last week, and Ecopetrol (NYSE: EC) had an active participation in this process.
The National Hydrocarbons Agency (ANH) announced a new Regulation for the Selection of Contractors and the Allocation of E&P Areas in the country.
As the Duque Administration is coming to an end, several officials have already resigned to move on to new projects.
Gasnova’s Alejandro Martinez Villegas issued a warning about possible substantial increases in propane prices in the coming months.
A new regulation could risk bankruptcy in several service stations.
The volatility of oil prices continues to generate uncertainty in the markets.
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