Despite ongoing local and global uncertainty, Colombia’s economy continues to show encouraging signs of recovery.
Ecopetrol (NYSE: EC) and the Unión Sindical Obrera (USO) have sealed a strategic agreement to advance the Fuel Quality Baseline Project, a landmark initiative aimed at producing fuels that meet the highest international standards, lowering CO₂ and sulfur emissions, boosting the petrochemical industry, and contributing to Colombia’s energy transition.
During the meeting of energy ministers of the Community of Latin American and Caribbean States (CELAC), Colombian President Gustavo Petro urged the Wayúu communities to halt attempts by Glencore, Cerrejón, and Drummond to export coal to Israel.
During his visit to Monómeros’ headquarters to review the company’s financial statements, infrastructure, and the working conditions of its 522 direct employees and nearly 1,200 indirect workers, Colombia’s Minister of Mines and Energy (MinEnergia), Edwin Palma, praised the company’s resilience and strong performance despite the significant challenges it faces.
Empresas Públicas de Medellín (EPM) announced a financial incentive of up to CoP$2.0M for the installation of Natural Gas Vehicle (NGV) equipment.
Ecopetrol (NYSE: EC) is facing a corporate and legal storm that could have international repercussions.
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