Ricardo Roa, CEO of Ecopetrol, recently confirmed that the company will proceed with the extension of its fracking contract with Occidental Petroleum (Oxy) in the Permian Basin.
The resignation of Andrés Camacho as Colombia’s Minister of Mines and Energy (MinEnergia) marks another shift in the administration of President Gustavo Petro.
After a year and a half in office, Andrés Camacho is stepping down as Colombia’s Minister of Mines and Energy (MinEnergia), leaving behind a complex landscape.
Since taking office, President Gustavo Petro has repeatedly called for Ecopetrol (NYSE: EC) to transition toward renewable energy.
Tomás González, former Minister of Mines and Energy and director of the Regional Center for Energy Studies (CREE) raised concerns about the future of natural gas supply in Colombia.
In response to rising natural gas tariffs by certain suppliers, Colombia’s Superintendence of Public Utilities (Superservicios) is conducting inspection visits to various gas marketing companies, including CNEOG Colombia.
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