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In recent days, Ocensa raised concerns about a potential rupture in the oil pipeline at kilometer 235 due to pipe damage and the inability to perform maintenance due to community blockades.

The prospect of President Gustavo Petro implementing adjustments to the tax reform approved in 2022, aiming to reduce corporate income tax rates while increasing taxes on higher-income individuals, sparked a mixed reaction among business leaders, academics, economists, and former directors of the National Directorate of Taxes and Customs (DIAN).

In a surprising move, the Jurisdicción Especial para la Paz (JEP), or Special Jurisdiction for Peace, accepted José Eduardo González Sánchez, a former captain in the National Army who served as the deputy head of security for Ecopetrol (NYSE: EC), into its jurisdiction.

The Ministry of Mines and Energy (MinEnergia) announced fuel prices for the first month of 2024. Here are the details.

NG Energy International Corp. (TSXV: GASX) announce that, with its partners Olympo and Duemav in the Maria Conchita Block and with Clean Energy and Oleum in the SN9 Block, it has increased reserves at both Maria Conchita and Sinu-9 as part of an updated independent analysis by Sproule International Limited (Sproule).

GeoPark Limited (NYSE: GPRK) announced an operating activity update in the Llanos 123 (GeoPark operated, 50% WI) and Llanos 87 (GeoPark operated, 50% WI) blocks in Colombia.

In 2023, Ecopetrol secured its position as one of the top three companies in the oil and gas sector for sustainability practices, as per the Dow Jones Sustainability Index (DJSI) results.

Whatever Gustavo Petro’s strengths as a politician might be (and we will leave that for another day), I would not hire him as a marketer. Who came up with “Empresa Integral de Energía de Colombia” as the new name for Ecopetrol? And what will it mean for the Colombian industry?

Colombia is grappling with a looming challenge in terms of natural gas supply—a deficit that could become a reality as early as next year.

The Colombian oil industry has long stood as a significant contributor to the country’s economy, accounting for 1.3% of the Gross Domestic Product (GDP) and fostering around 200,000 direct jobs throughout the entire value chain, as estimated by Campetrol.