The Payment for Environmental Services (PES) is a mechanism that provides financial compensation to rural communities for their efforts in conserving and sustainably managing strategic ecosystems.
In 2024, Petrobras (NYSE: PBR) and Ecopetrol (NYSE: EC) confirmed the discovery of the Sirius natural gas deposit in Colombia’s Caribbean, marking the largest find in the last three decades and potentially doubling the country’s gas reserves.
GeoPark Limited (NYSE: GPRK) announced a key development regarding its proposed acquisition of Repsol’s exploration and production assets in Colombia.
Cenit, a subsidiary of the Ecopetrol (NYSE: EC), activated its Emergency and Contingency Plan (PEC) following an attack on the Coveñas Caño Limón (CCL) pipeline by unidentified individuals.
Ecopetrol (NYSE: EC) announced significant changes in its senior management.
Ecopetrol (NYSE: EC) announced the suspension of its operations in the Catatumbo region due to escalating violence and armed incursions by the National Liberation Army (ELN).
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