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The share of the Colombian oil company Ecopetrol fell 2.34 percent this Friday in the negotiations of the Colombian Stock Exchange (BVC) where in the first hour of the country's stock market the title was traded at 2,630 pesos. Said fall occurs just hours after the decision of its president, Felipe Bayón, to leave office at the end of next March was known. Earlier the company's title reached a decrease of 3.34 percent to 2,603 ​​pesos, compared to a close yesterday of 2,693 pesos.(Also read: The alleged pressure for Felipe Bayón to leave the presidency of Ecopetrol) Undoubtedly the correction…

yesterday's announcement of President Gustavo Petro about wanting to get their hands on the rates of some services, such as energy, is supported by article 370 of the Constitution and article 68 of Law 142 of 1994, as highlighted in a conversation held with regional leaders in Duitama ( Boyacá), which, despite being supported by law, causing great controversy due to its effects on the market.(Also read: Uncertainty in the electricity sector due to Petro's announcement. Experts give their opinion) It is not the first time that the president of the Colombians alludes to assuming the functions of the Energy,…

After spending five years and six months at the head of the largest company in Colombia, Ecopetrol, Felipe Bayon announced yesterday that he will leave the presidency of this as of next March 30. His decision appeared to some, but others saw it coming for some time, almost since when Gustavo Petro took over the reins of the country in August 2022.(Also read: What comes next for Ecopetrol with the departure of Felipe Bayón?) The positive results, with record profits, achieved during his tenure at the Colombian oil company, apparently, were not a reason for him to continue leading the…

As a result of the rise that energy rates continue to register in the country, President Gustavo Petro announced yesterday that, temporarily and directly, will not delegate its functions to the commissions for the regulation of public servicesat least for a time."I am going to assume control, the general administration policies of Colombia, directly and personally, based on what the Law itself says: first, the general interest and that of the user," he said.(You may be interested in: Political reactions to Petro's announcement about regular services) He assured that his decision is based on article 370 of the Constitution and…