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Inter-oceanic canal in Chocó

President Gustavo Petro’s recent visit to the Pacific Coast left an intriguing proposal in its wake — the initiation of a public consultation to explore the feasibility of constructing an inter-oceanic canal in the Chocó department.

Thursday, February 1st, 2024
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Rig count in December 2023

Rig count in December 2023

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

Wednesday, January 31st, 2024
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Foreign appetite for investment in Colombia grows: MinHacienda says

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

Wednesday, January 31st, 2024
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Uncertainty looms over Córdoba’s senate seat

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.

Wednesday, January 31st, 2024
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Calls for Roa’s resignation

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.

Wednesday, January 31st, 2024
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Constitutional Court on deductibility of royalties

Constitutional Court on deductibility of royalties

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.

Tuesday, January 30th, 2024
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Return of foreign oil companies to Venezuela

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.

Tuesday, January 30th, 2024
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Ecopetrol reduces emissions

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

Tuesday, January 30th, 2024
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Terpel to supply diesel for firetrucks

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.

Tuesday, January 30th, 2024
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NGV conversions surge

NGV conversions surge

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

Monday, January 29th, 2024
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