Brazil’s oil giant Petrobras is eyeing a strategic alliance with Colombia to potentially transform the country into a gas exporter.
The surprise visit of Gustavo Petro, President of Colombia, to Venezuela sparked a wave of discussion and reflection within Ecopetrol’s Board of Directors regarding the president’s plans announced through media channels.
The collaborative efforts of the Ministry of Agriculture and Rural Development (MinAgricultura) and Ecopetrol (NYSE: EC) have been instrumental in fostering over 400 rural projects across 33 municipalities in 11 departments through the ‘El Campo Emprende’ program.
Frontera Energy says it is one of the most dynamic and operationally solid companies in the oil and gas sector.
Transportadora de Gas Internacional (TGI), a subsidiary of Grupo Energía Bogotá (GEB), published its results for the third quarter of this year.
Hocol has been honored with the “Order of the Congress at the Commander’s Grade” by the Senate of Colombia.
Surtigas, the oldest gas supplier on the Caribbean coast, reported a notable surge in its earnings, marking a double-digit growth in accumulated revenues until September.
Terpel released its operational results for the third quarter of the year.
Just as we were about to write about the impact of taxes on Ecopetrol’s 3Q23 results, the Colombian Constitutional Court decides to undo the royalty no-deductibility rule from last December’s tax reform. Instead, we will briefly discuss the tax impact and then focus on ECP’s results, which got the press’s negative attention. Very happy to have to reorient this article in return for what we estimated as US$2B of less tax.
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