The global transition towards clean energy has prompted countries worldwide, including those in the Latin American region, to formulate tax policies that incentivize using less fossil fuel, such as gasoline.
As part of its comprehensive debt management strategy, Ecopetrol (NYSE: EC) got authorization from the Ministry of Finance (MinHacienda) to contract a credit facility.
In 2022, mining company Drummond Ltd. strengthened its environmental compensation processes in collaboration with rural communities in the sub-basins of the San Antonio and Las Ánimas rivers, which cover the high, middle, and low areas of the Perijá mountain range in Colombia.
Just after an increase of CoP$600 per gallon, the Ministry of Mines and Energy (MinEnergia) announced a proposal to change the way gasoline prices are set in the country, causing great controversy.
The first few months of this year have presented a challenging situation in the Colombian oil and gas sector.
The company reported its first quarter 2023 financial results.
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