Tuesday, April 16th, 2024
Ecopetrol (NYSE: EC) could more than double the country’s natural gas reserves with a focus in the Llanos.
The Ministry of Mines and Energy (MinEnergia) announced a new increase in fuel prices, with the expected increase in diesel. Here are the details.
President Gustavo Petro announced new energy collaboration possibilities between Colombia and Venezuela following his recent trip to the neighboring country.
Orlando Velandia, the President of Colombia’s National Hydrocarbons Agency (ANH), highlighted the country’s ongoing efforts to strengthen the oil and gas sector.
At the 2024 Naturgas Congress, the panel “The Voice of the American Continent’s Communities” shed light on the relevance of indigenous participation in energy transition and major development projects.
Former Pacific Rubiales CEO, Ronald Pantin, (now a board member at NG Energy) used to complain about a “Colombia discount” that investors imposed on E&Ps share prices. He believed the discount arose from unfavorable Colombian government policies that penalized the industry. Statistically, the discount disappeared for a while but returned with a vengeance and, seemingly, in free fall, deepens steadily.
In the Arpel-Naturgas Week, Ecopetrol (NYSE: EC) emphasized that its long-term strategy does not entail replacing the traditional hydrocarbon business but rather diversifying its ventures.
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