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Ecopetrol's ESG Evaluation score of 58 reflects that compared to sector peers, Ecopetrol has a good management of its environmental and social risks in a highly exposed industry. In

On the bright side GDP expectations continue to improve. In March the FY2022 consensus is at 4.5%, above the 4.2% of February.

The main objective of the pilot is to evaluate the technical and environmental feasibility, as well as the performance of the generation of green hydrogen at the Cartagena Refinery.

4th quarter consolidated revenue amounted to COP 31.8 trillion, net income of COP 6.1 trillion, and EBITDA of COP 14.0 trillion with an EBITDA margin of 44%

Things can get worse, much worse. But as Duque’s four year term comes towards a close, there is a practical consensus in Colombia that things could have been much better.

When taken in conjunction with the big decline in Consumer Confidence which was reported a fortnight ago, there are reasons for concern.

Fitch highlighted the company's linkage to the Republic of Colombia, which currently owns 88.5% of the voting shares, as well as the strategic importance of the company for the country.

With the culmination of the purchase of a controlling 51.4% stake in Interconexión Eléctrica ("ISA"), the quarterly figures include the consolidated results of this subsidiary for one month.

The “line in the sand” fiscal rule has now gone but due to the measures taken there is the hope that the deficit will drop from the anticipated 8.6% in 2021 to 2.7% in 2026.