Investments and Business

To contribute to the energy transition through the generation of green energy, EDF Colombia and Refocosta partnered to build the power generation plant with biomass from eucalyptus cultivation largest in the country. The plant will be located in the municipality of Villanueva, Casanare, and will have a total installed capacity of 25 megawatts. The energy will be supplied entirely to the Ecopetrol Groupthrough an agreement with Gecelca.(Also read: 'The energy transition will take time': Treasury credit director) "With the incorporation of energy from biomass to Ecopetrol's supply matrix, we contribute to the decarbonization of our operations and continue to give…

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The National Hydrocarbons Agency (ANH) reported that oil production during November 2022 reached 771,008 barrels per day (bpd), an increase of 3.11 percent compared to the same month in 2021 when it was 747,772 bpd. This production is the highest recorded since April 2020, when it reached 796,164 average barrels per day. Compared to October 2022, the data for November means an increase of 1.85 percent, since for that month production reached 752,002 bpd.(Also read: Canacol Energy announced three gas discoveries in Magdalena, Cesar and Sucre) The increase in oil production occurred mainly in the Caño Sur Este, Índico, Calona,…

There is controversy in the Chancellery due to the dismissal of 170 civil servants after carrying out a merit contest of the National Civil Service Commission.According to the Union of Employees of the Ministry of Foreign Affairs (Semex), among those affected would be pre-pensioners and heads of household.(You can also read: The biggest mergers and acquisitions deals of 2022) “Those who will be appointed are the product of a merit contest held in the previous government and all of them are welcome. The call is to respect the stability of pre-pensioners, heads of household and sick people," said the union.Faced…