Ecopetrol (NYSE: EC) received notification that the International Chamber of Commerce in New York ruled in its favor in the arbitration dispute between Reficar and CB&I regarding the contract for the expansion and modernization of the refinery in Cartagena.
Ecopetrol (NYSE: EC) will allow more than 475,000 Colombians from all regions to benefit from 27 projects planned under the Tax-for-Infrastructure program.
María de los Ángeles Manrique, manager of Chevron Colombia, highlighted the company’s focus on energy transition and its investments in the country.
The Caribbean region boasts a substantial share of Colombia’s natural gas reserves.
Ecopetrol’s Ricardo Roa, made surprising statements about the company’s operations.
The Colombian government has refrained from adjusting diesel prices to prevent the negative political consequences, especially on the transportation sector and closely-watched food inflation numbers, but this has a huge fiscal impact.
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