News and AnalysIs for

Shareholders of Ecopetrol (NYSE: EC) approved increasing the term of the Board of Directors.

A recent New York Times (NYT) article quoted Anthony Leiserowitz, the director of the Yale Program on Climate Change Communication calling the phrase “energy transition”, a “floating signifier”, going on to define this as “a blank term that you can fill with your own preferred definition.” Since MinEnergia talks about energy transition a lot and it seems to define current policy, this seems to be an important discussion.

In recent months, exploratory well activity has resulted in the discovery of more hydrocarbon resources in the country.

The National Association of Colombian Entrepreneurs (ANDI) spoke about relevant issues in the energy sector.

Ecopetrol’s (NYSE: EC) Felipe Bayón talked about the company’s plans for this year.

S&P Global Ratings assigned an ESG Evaluation of 58 to Ecopetrol (NYSE: EC).

Oil companies have increased their investment budgets for this year.

Ecopetrol (NYSE: EC) announced the schedule for the Kale Fracking Pilot Project. Industry experts and opponents spoke on this topic.

Colombia’s Vice Minister of Energy, Miguel Lotero Robledo spoke about the possibility of holding a new oil auction this year.

Minister of Mines and Energy (MinEnergia) Diego Mesa announced that Colombia will export more oil to the US because of the conflict between Russia and Ukraine.