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Colombia leads carbon reduction

Carlos Grateron, Technical Director of the National Federation of Biofuels (Fedebiocombustibles), declared that Colombia leads the world in carbon footprint reduction.

Wednesday, June 19th, 2024
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Government and private sector

Luis Carlos Reyes, the newly appointed Minister of Commerce, Industry, and Tourism (MinComercio), outlined his key priorities.

Wednesday, June 19th, 2024
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ECP faces debt challenges

Colombia’s state-owned oil company, Ecopetrol S.A., is grappling with increasing debt pressures, exacerbated by the government’s demands for higher shareholder payouts and continued investment in the face of economic challenges.

Wednesday, June 19th, 2024
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The Colombian peso devalues

The Colombian peso devalues

After a long run of revaluation, the Colombian peso has devalued over 7% just since the beginning of June. That got us thinking again about oil prices, specifically Brent, in pesos versus dollars.

Tuesday, June 18th, 2024
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Future of Colombia’s oil industry

Recent reports from the National Hydrocarbons Agency (ANH) have highlighted a significant issue: Colombia’s dwindling gas and oil reserves.

Tuesday, June 18th, 2024
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Relevance of geoscience studies

Natalia Pardo Villaveces, Ph.D., and Carlos Daniel Cadena, Ph.D., from Universidad de los Andes, emphasized the critical role of geosciences in understanding natural processes and making informed decisions to prevent or respond to disasters.

Tuesday, June 18th, 2024
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Primax approves bond issuance

Primax Colombia S.A. announced that an extraordinary shareholders’ meeting was held, where several significant resolutions were approved.

Tuesday, June 18th, 2024
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ANIF comments

ANIF comments

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.

Monday, June 17th, 2024
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Change in ECP’s social purpose

Ecopetrol (NYSE: EC) announced that bondholders have unanimously approved the statutory changes modifying the company’s social purpose.

Monday, June 17th, 2024
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Ecopetrol and Invercolsa’s alliance

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.

Monday, June 17th, 2024
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