Ecopetrol’s dividend for 2025 is projected to be the lowest since 2018, with a nearly 50% drop compared to 2024.
Amid the fiscal crisis that prompted the Colombian government to cut this year’s budget by CoP$20T, the Center for Economic Studies (Anif) published a recent report detailing the impact of the last two tax reforms.
The Petro administration’s policy of no new hydrocarbon exploration contracts has ignited debates about the future of Colombia’s energy sovereignty.
The Colombian Petroleum and Gas Association (ACP) elected new members to lead its Board of Directors for the upcoming year.
Half of 2024 is now over. In most companies, while work continues on executing the 2024 plan, attention turns to planning 2025, setting budgets and targets. The critical external variable is the price of oil. We collect and analyse statistics on Brent which we offer here with commentary to help with the process.
The Colombian Chamber of Goods and Services (Campetrol) reported rig information for May 2024.
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