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).
In the ever-evolving landscape of global fuel prices, the average cost of gasoline worldwide (95 octane) stands at approximately US$1.30 per liter in 2024.
In Colombia’s oil fields, an unusual issue has come to the forefront—copper theft.
Colombia emerges as a significant biofuels producer in Latin America, positioning itself as a key player in crafting solutions for the decarbonization of transportation, as highlighted by FedeBiocombustibles.
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