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Ecopetrol’s challenges

Former Ecopetrol president Felipe Bayón expressed serious concerns about Colombia’s energy future, emphasizing the need for energy sovereignty and the potential risks of current governmental policies.

Monday, July 1st, 2024
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New ‘Work for Taxes’ project

Hocol successfully completed an infrastructure project impacting three segments of the road connecting Chaparral and Ataco, two municipalities in Tolima.

Monday, July 1st, 2024
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ECP’s Roa received death threats

It was reported that Ricardo Roa Barragán, the President of Ecopetrol, has been the target of death threats.

Monday, July 1st, 2024
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Peace Process: What can we say? Another bad month.

Well maybe not as bad as last month, but bad. More news items than we have ever seen (not a good sign by itself) and all topics trending down. Only good news out of the Segunda Marquetalia negotiations gave any positive glimmers.

Monday, July 1st, 2024
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Fuel prices in Latin America

Fuel prices in Latin America

The average global price of gasoline has reached US$4.94 per gallon, but prices vary significantly across Latin America due to a range of factors, primarily taxes and subsidies.

Thursday, June 27th, 2024
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Decree to increase diesel prices

Colombia’s Minister of Finance (MinHacienda), Ricardo Bonilla, officially signed a decree to raise the price of diesel for large consumers.

Thursday, June 27th, 2024
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Oil reserves race in Latin America

Global oil majors are making record investments in the search for new oil reserves in Latin America.

Thursday, June 27th, 2024
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Export of solid asphalt

Ecopetrol (NYSE: EC) announced the successful export of its first 2,500 tons of solid asphalt to South America, Central America, and the Caribbean.

Thursday, June 27th, 2024
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Tourism surpassing coal?

Tourism surpassing coal?

The research team at Banco de Bogotá predicts that tourism will become Colombia’s third-largest generator of foreign exchange by the end of 2024.

Wednesday, June 26th, 2024
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Fate of anti-fracking bill

The debate over fracking in Colombia has once again hit a stalemate as the Fourth Chamber Commission of the House of Representatives recently sank Bill 413, which aimed to ban fracking and unconventional oil development in the country.

Wednesday, June 26th, 2024
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