Launch of the Regional Repository of Chinese Investments in Latin America

LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

January 6, 2023

What Will Ecopetrol Prioritize With its Investments?

Ecopetrol, Colombia’s majority state-owned oil company, plans to invest as much as 30 trillion pesos this year, including in the green energy transition. // File Photo: Colombian Government.

Q

A

Inés Elvira Vesga, partner at Holland & Knight: “Ecopetrol’s investment plan reflects the development of a new corporate vision, which began in 2018, and today is contained in the 2040 Strategy ‘Energy that Transforms.’ The pillars of this plan include competitiveness in the core business, decarbonization, clean energy, digitalization, sustainability strategies and community relations. Ecopetrol anticipated the current trends of energy transition and ESG, incorporated innovation in its business plan early on and is now a leader in energy transition projects in Colombia. The way the investment is distributed shows that the transition will be financed with traditional fossil operations; therefore, the continuity of these operations is a requirement for…”

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ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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