News and AnalysIs for

Ecopetrol (NYSE: EC) is set to undergo a significant transformation, transitioning into a major player in Colombia’s energy sector.

The Ministry of Mines and Energy (MinEnergia) announced a resolution aimed at optimizing the utilization of oil and gas wells drilled in onshore and offshore fields. This move is set to provide a significant boost to hydrocarbon exploration, particularly in natural gas.

Working in Ecopetrol’s supplier program, Lina Aroca has generated spaces for training and economic development for indigenous communities, LGBT, victims of the conflict, women, and people with disabilities.

Although the Petro government struggles with how soon Colombia can reduce its dependence on hydrocarbons, the goal of reducing escaped or flared gases from production – a contributor to the industry’s Scope 1 CO2e emissions – unites this government with the last one.

The Minister of Finance (MinHacienda), Ricardo Bonilla, talked about the resources collected in the 2022 tax reform to cover the Fuel Prices Stability Fund (FEPC) deficit.

Ecopetrol (NYSE: EC) officially introduced its premium gasoline, meeting international quality standards.

Vanti is making a significant investment to expand the natural gas service in Boyacá and Cundinamarca.

The recent local elections and major setbacks in President Gustavo Petro’s flagship “Total Peace” project should mean a reevaluation of the To Do list but probably it won’t. Unfortunately. Here we look at the election results in more depth.

The National Administrative Department of Statistics (DANE) reported the value of Colombian exports during September 2023.

The debate over whether Colombia should consider importing natural gas from Venezuela or other countries to meet its domestic consumption has been ongoing for several months.