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The Colombian Chamber of Goods and Services (Campetrol) reported rig information for December 2023.

Finance Minister Ricardo Bonilla highlighted the strong foreign interest in investing across various sectors in Colombia.

Following the unfortunate death of Piedad Córdoba, a lingering question emerges: who will assume her seat in the Senate? This could affect the government’s plans for Ecopetrol’s (NYSE: EC) Board of Directors.

Voices in Congress are escalating their demands for the resignation of Ricardo Roa, the President of Ecopetrol (NYSE: EC), following the disclosure of documents suggesting irregular financing of Gustavo Petro’s presidential campaign by the teachers’ union, Fecode.

The Constitutional Court ruled against the government’s request to reconsider its decision to declare royalties tax deductible in the mining and energy sector in Colombia.

The easing of the U.S. oil embargo on Venezuela opens doors for the beleaguered country’s oil industry to revive old channels for crude sales and rekindle partnerships with foreign companies. However, experts caution that this process will take time.

In a significant stride towards environmental responsibility, Ecopetrol announced a notable achievement in reducing emissions.

In response to the ongoing wildfires that have ravaged parts of Colombia for four consecutive days, Minister of Mines and Energy (MinMinas) Andrés Camacho, through a statement on X, authorized Terpel to provide diesel, to firetrucks stationed atop hills and to motor pumps strategically positioned across fire-affected areas.

In a significant development, the conversion of combustion vehicles to natural gas vehicles (NGV) increased in 2023.

Ecopetrol (NYSE: EC) is undergoing significant shifts in its top management, marking the departure of three vice presidents.