News and AnalysIs for

International oil prices continue to rise, reaching figures not seen for more than two years.

Bank of America raised the stock price target for some of the Latin American companies in the oil and gas sector, including Ecopetrol (NYSE: EC).

Ecopetrol (NYSE: EC) announced an extension to the Exclusivity Agreement signed with the Ministry of Finance (MinHacienda).

The Ministry of Mines and Energy (MinEnergia) will co-finance the construction of propane distribution network infrastructure.

As the lead graph shows, industry revenues are expected to be up this quarter.

The National Hydrocarbons Agency (ANH) talked about the reactivation process in the hydrocarbons industry.