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Nelson Navarrete Hernández, ACIEM Vice President, gave the opening speech at Enercol 2022, touching on key issues for the sector.

Ecopetrol’s (NYSE: EC) shares have been affected by a mix of uncertainty about a possible global recession and political uncertainty generated by the arrival of Gustavo Petro to the presidency.

Minister of Mines and Energy (MinEnergia) Irene Vélez spoke about fuel prices and energy security.

Colombian authorities are discussing the budget allocation for the payment of electricity, gas, and fuel subsidies.

Former Minister of Mines and Energy Diego Mesa talked about fracking and the country’s experience with this technique.

International conflicts have increased the relevance of natural gas self-sufficiency. Here is a list of the largest producers of this fuel in Latin America.

This week the Colombian engineers’ association, ACIEM, held its annual ENERCOL conference on energy topics in Bogotá. The Vice Minister of Energy spoke at the inauguration.

Several of the voices against the tax reform of President Gustavo Petro’s government called for a revision of the tax on oil and coal exports in Colombia.

Electricity generation is mainly renewable, thanks to hydroelectric power plants, in Colombia. However, consumption still depends more on other sources of energy, derived from oil, demonstrating the need to diversify the matrix in a gradual way.

The S&P Corporate Sustainability Assessment (CSA) released the results of the Dow Jones Sustainability Index (DJSI), with good news for Ecopetrol (NYSE: EC).