The National Association of Financial Institutions (ANIF) emphasized that while the global shift towards renewable energy is inevitable, oil and gas will remain essential components of the energy matrix for the foreseeable future.
Ecopetrol (NYSE: EC) announced that bondholders have unanimously approved the statutory changes modifying the company’s social purpose.
Ecopetrol (NYSE: EC) and its subsidiary, Invercolsa, entered a strategic alliance aimed at providing natural gas service to 13,547 families in Colombia, focusing on those in socioeconomic strata 1 and 2.
The Ministry of Mines and Energy (MinEnergia) pushed to create the Colombian Minerals Company, known as Ecominerales. However, the Inspector General’s Office voiced serious concerns regarding the viability and implications of this ambitious project.
The title caught my eye instantly in Carbon Tracker’s monthly newsletter so I quickly downloaded the report and signed up for the associated webinar. I also quickly found the analysis focused exclusively on the UK and some very specific conditions but it got me thinking about Carbon Capture Usage and Storage and Colombia.
Colombia’s Minister of Finance (MinHacienda), Ricardo Bonilla, announced an increase in diesel prices for large consumers.
President Gustavo Petro Urrego called for comprehensive forensic audits to oversee the allocation and use of peace funds and royalties in the country.
Ecopetrol announced an important decision for the construction of the Orca-Chuchupa gas pipeline.
Colombian President Gustavo Petro tasked his new Minister of Commerce with reinforcing plans to transition the country’s economy away from its reliance on coal and oil revenues—key economic drivers—toward agroindustry and tourism.
In December 2014, Ecopetrol announced its first deep-water hydrocarbon (natural gas) discovery in the Caribbean Sea off the coast of Colombia at the Orca-1 well, located 40 kilometers north of La Guajira.