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Ecopetrol (NYSE: EC) announced its third quarter 2023 results, with a continued decrease in key metrics.

Despite the Colombian government’s recent decision, led by President Gustavo Petro, to refrain from signing new contracts for oil and natural gas E&P, an announcement is expected to breathe new life into the natural gas sector.

The Colombian Constitutional Court is scheduled to begin deliberations on the constitutionality of a provision in the country’s new tax reform that prohibits the deduction of royalties from taxable income.

In a collaborative effort, the Barranquilla Chamber of Commerce and the Atlántico Inter-Guild have put forth a series of initiatives aimed at strengthening the business fabric of the department and district.

The Ministry of Mines and Energy (MinEnergia) announced fuel prices for November 2023. Here are the details.

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.