In 2023, Ecopetrol secured its position as one of the top three companies in the oil and gas sector for sustainability practices, as per the Dow Jones Sustainability Index (DJSI) results.
Whatever Gustavo Petro’s strengths as a politician might be (and we will leave that for another day), I would not hire him as a marketer. Who came up with “Empresa Integral de Energía de Colombia” as the new name for Ecopetrol? And what will it mean for the Colombian industry?
Colombia is grappling with a looming challenge in terms of natural gas supply—a deficit that could become a reality as early as next year.
The Colombian oil industry has long stood as a significant contributor to the country’s economy, accounting for 1.3% of the Gross Domestic Product (GDP) and fostering around 200,000 direct jobs throughout the entire value chain, as estimated by Campetrol.
Ecopetrol (NYSE: EC) has been awarded the Gold Standard for its advancements in measuring, reporting, and setting reduction goals for methane emissions by the United Nations Oil and Gas Methane Partnership (OGMP 2.0).
The Inspector General’s Office upheld a fiscal liability ruling against Ecopetrol (NYSE: EC).
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