President Gustavo Petro’s meeting with Venezuelan President Nicolás Maduro at Miraflores Palace sparked extensive discussions regarding Colombia’s economy and energy transition.
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.
Ecopetrol (NYSE: EC) initiated operations for the drilling of the Orca Norte 1 exploratory well, marking a strategic move to prioritize gas projects within the company’s portfolio.
Ecopetrol’s (NYSE: EC) refinery in Barrancabermeja is progressing towards an energy transition. A company statement explains how and why.
Ricardo Roa, President of Ecopetrol, discussed the company’s focus on offshore natural gas resources.
In an upcoming Extraordinary Assembly of Ecopetrol (NYSE: EC), the Minister of Finance of Colombia (MinHacienda), Ricardo Bonilla, confirmed that there will be discussions about modifying the requirements for members of the company’s Board of Directors.
Ecopetrol (NYSE: EC) announced its third quarter 2023 results, with a continued decrease in key metrics.
Ecopetrol (NYSE: EC) is set to undergo a significant transformation, transitioning into a major player in Colombia’s energy sector.
Working in Ecopetrol’s supplier program, Lina Aroca has generated spaces for training and economic development for indigenous communities, LGBT, victims of the conflict, women, and people with disabilities.
Ecopetrol (NYSE: EC) officially introduced its premium gasoline, meeting international quality standards.
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