Venezuela is facing a difficult political, economic and social situation, which has led to an abrupt decline in its oil production. Colombia, a non-oil country, has overtaken Venezuela in this important metric.
The union sent a list of petitions to Ecopetrol’s (NYSE:EC) subsidiary, Cenit. Here are the details.
I probably got your attention out of morbid curiosity but I will not be writing about some sordid tale of shenanigans in the back streets of Barrancabermeja. Instead, I have been reading a number of articles about ethical investment lately, and companies that ethical investors are expected to shun are referred to as “sin stocks” or “vice stocks”. Shades of Crockett and Tubbs!
Fuel prices have been one of the main topics of discussion between the Colombian government and the transport sector in Colombia. Fedispetrol talked about this issue and a possible decrease in these.
The NOC confirmed that it discovered crude in the Flamencos-1 well, located in Puerto Wilches (Santander).
The modifications to the General System of Royalties (SGR) announced by President Duque earlier this year, are two debates away from being approved.
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