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"Companies, civil society and governments must continue to work together for the conservation and restoration of our forests," said Nicole Schwab, director of 1t.org.

The parties also agreed to allocate resources for social investment projects and energy transition forums.

"We have not said that we will not sign new search and exploration contracts," said Ecopetrol President Ricardo Roa.

The report is in support of the upcoming Hydrogen Latin America Congress & Exhibition.

More than 200 decision makers attend the Colombia Oil & Gas Congress each year.

MPC Energy Solutions invested $11 million USD equity to develop and construct the project.

Throughout Colombia, gasoline prices are now seen in a range between 11,100 to 11,300 pesos per gallon (roughly $2.40-2.40 per gallon).

EPM and the French Development Agency signed a second credit contract aimed at funding EPM’s social projects.

Ecopetrol announced a record increase in revenue for 2022, and shared the progress of some of their programs looking into the future.

After mismanaging contractor relationships, EPM is left without a contractor to finish its Hidroituango hydroelectric project.