Via Global South Perspectives, a report on Colombia’s decision to formally join the bloc of nation-states seeking to negotiate a Fossil Fuel Non-Proliferation Treaty, the tenth country to call for an international treaty to phase out fossil fuels with a comprehensive just transition framework and the first major fossil fuel exporter to endorse the initiative: I’m getting […]
Read more »Via Reuters, a report on Colombia’s Ecopetrol consideration of importing gas from Venezuela: Colombia’s majority state-owned oil company Ecopetrol (ECO.CN) is exploring an offer from Venezuela’s PDVSA to supply the Andean country with gas from December 2024, it said on Tuesday. Colombia’s President Gustavo Petro said during a visit to Venezuela over the weekend it was […]
Read more »Courtesy of Foreign Policy, a look at how oil-rich Colombia is trying to go green: In a giant parking lot on the outskirts of Colombia’s capital, national oil company Ecopetrol is running an experiment. The over 400,000-square-foot expanse is where Bogotá keeps part of its municipal bus fleet. Hundreds of those vehicles are electric and […]
Read more »Courtesy of Ashmore Group, insightful analysis of the Colombian Peso’s 2023 performance so far: What is the best performing currency in 2023 so far? Against all odds and biases, the Colombian Peso (COP), which is up 16.8% against the USD year-to-date and 22.8% including the ‘carry’, or the interest rate differential earned by carrying long […]
Read more »Via Geopolitical Monitor, an article on Colombia’s nickel industry: The Colombian government is eager to expand and diversify the country’s mining industry by exploiting critical minerals, including nickel, which is currently solely mined in Cerro Matoso. As global demand for this critical mineral reminds high, nickel can be very profitable for Colombia’s mining industry and […]
Read more »Courtesy of The Wall Street Journal, a look at how as Big Oil retreats globally, smaller players are filling the gap: Under pressure from shareholders and activists, major energy companies are retreating from higher-polluting and riskier projects around the world. A bunch of smaller companies are rushing in to fill the void. In Nigeria, smaller […]
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