The company, MinHacienda and those sympathetic to the government quickly blamed Ecopetrol’s 43% drop in Net Income in 2023 on oil prices. Petro attributed it to the end of fossil fuels. The opposition blamed government mismanagement. Who is right or perhaps, what is the right balance between the various partial explanations?
Ricardo Roa, President of Ecopetrol (NYSE: EC), reiterated concerns about Colombia’s short-term gas deficit and discussed potential solutions, including the possibility of importing gas from Venezuela.
Ecopetrol (NYSE: EC) is gearing up for a new venture to further explore the natural gas potential in the Caribbean Sea.
Ecopetrol (NYSE: EC) and the Bucaramanga Chamber of Commerce are set to construct Colombia’s inaugural digital innovation lab in Bucaramanga.
Downstream companies continue their expansion and improvement plans for their service stations.
The General Inspector’s Office uncovered 18 administrative findings in the Ministry of Mines and Energy (MinEnergia).
In a fresh controversy surrounding Gustavo Petro’s 2022 presidential campaign in Colombia, the National Electoral Council (CNE) and the Inspector’s Office are investigating an alleged CoP$600M that was reportedly not disclosed in the official campaign accounts submitted to the electoral authority.
Frontera Energy Corporation (TSX: FEC) received the 2024 World’s Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
Parex (TSX: PXT) announced its financial and operating results for the fourth quarter 2023. Here are the details.
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