As speculation grows over the possible resignation of Ecopetrol’s (NYSE: EC) current CEO, Ricardo Roa, a historical pattern emerges as since 1998, the average tenure of an Ecopetrol president has been 51 months.
Colombia has been ranked as the fifth most complex country in the world to do business, according to the 2025 Global Business Complexity Index released by TMF Group. The list is led by Greece, followed by France, Mexico, Turkey, and then Colombia.
Oil and gas investment in Colombia is set to decline by 10% in 2025 due to lower Brent crude prices and an increased withholding tax on natural gas companies, according to the Colombian Petroleum and Gas Association (ACP).
Ecopetrol (NYSE: EC) stands as a cornerstone of the nation’s economy, contributing significantly to its Gross Domestic Product (GDP) and government revenues.
Ecopetrol (NYSE: EC) is pushing ahead with offshore gas exploration in the Caribbean, even after global energy giant Shell (LON: RDSB) withdrew from three key maritime blocks.
Colombia’s Superintendency of Public Services (Superservicios) has once again raised concerns over what it calls an unjustified increase in natural gas tariffs, which began in December 2024.
Despite holding considerable oil reserves, Latin America is approaching a critical threshold that demands immediate action to secure its energy future.
Following the release of its official 2024 report on oil and gas reserves, Colombia’s National Hydrocarbons Agency (ANH) hosted a public presentation from Bogotá to share key findings.
The Colombian Association of Petroleum and Gas (ACP) released its annual economic report, “Investment Trends in Oil and Gas Exploration and Production in Colombia 2024 and Perspectives 2025: A Strategic Sector in Critical Condition.”
Camilo Marulanda, president of Isagen, a leading Colombian company in energy generation and commercialization with a diverse portfolio of renewable sources (solar, wind, and hydroelectric), voiced strong concerns over the recently issued Decree 0572 by the Ministry of Finance (MinHacienda).
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