News and AnalysIs for

Ecopetrol (NYSE: EC) announced its first quarter 2024 results, with a continued decrease in key metrics.

Colombian oil company Ecopetrol (NYSE: EC) announced that it is evaluating the possibility of purchasing some of the assets of Canadian company Canacol Energy (TSX: CNE).

Brigard & Urrutia published an analysis of the consequences of the Constitutional Court’s decision to admit the request of Fiscal Impact filed by the Ministry of Finance (MinHacienda) against the ruling declaring the non-deductibility of royalties unconstitutional.

Primax Colombia and the Foundation for Conservation and Sustainable Development (FCDS) signed an agreement to promote reforestation at the Terrapreta nursery in San José del Guaviare.

The consumption of natural gas has doubled due to the energy generation crisis caused by the El Niño phenomenon.

Oil traders have amassed options contracts worth over three million barrels in a bet that prices per barrel will reach US$250 by June, as geopolitical risks remain high.

As part of the economic revitalization plan set to be presented to the Congress, the Ministry of Finance (MinHacienda) announced several tax changes in Colombia.

President Gustavo Petro issued a request to Ecopetrol (NYSE: EC) following the demand from the Special Jurisdiction for Peace (JEP) for the NOC to provide information about potential links to paramilitarism.

The Foundation for the Rule of Law (FED Colombia) joined the chorus of voices raising concerns about Colombia’s impending risk of losing its energy security and sovereignty in the field of hydrocarbons.

In the journey towards energy transition with alternative sources, encouraging achievements reflect a growing global awareness of the issue.