The president of the Colombian state oil company Ecopetrol, Ricardo Roa, received death threats after denouncing the alleged financing of the country’s main company to paramilitary groups, AFP learned this Tuesday. “Roa”received a threat and Ecopetrol immediately informed the authorities about the issue“said a company official, without giving more details. The oil manager, one of […]
Tag: ecopetrol
Colombiana Ecopetrol creates subsidiary focused on technology and innovation in Spain
Colombian energy company ecopetrol announced on Friday the creation of a subsidiary in Spain focused on activities related to science, technology and innovation, within its process of diversification and transition towards clean energy. Econova Technology & Innovation will be 100% controlled by Ecopetrol, the largest company in Colombia. “The presence in Spain allows us to […]
Ecopetrol bonds fall after Bayón leaves the presidency
Bayón, who has held the position since 2017, leaves his post amid Colombian President Gustavo Petro’s push for the country to transition to renewable energy. His new Administration has reiterated its decision not to award new oil and gas exploration contracts. It will only allow existing contracts to continue. “Considering the quality of the management […]
Colombiana Ecopetrol plans to invest up to US$ 6,175 million in 2023
The Colombian company ecopetrol plans to invest between 25.3 trillion pesos (US$5,242 million) and 29.8 trillion pesos (6,175 million dollars) in 2023, the company reported on Friday, December 9. The general organic investment plan for next year seeks to advance the four pillars of the 2040 strategy, and the roadmap for the country’s energy transition. […]
Petro’s anti-oil plan would end up in court: Ecopetrol
A proposal to abruptly end oil and gas exploration in Colombia it would lead to higher prices for local consumers and would be challenged in court, according to the country’s state drilling company. Gustavo Petro, the leading candidate in the polls for the presidential elections, seeks to speed up Colombia’s transition to clean energy by […]