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Five Fronts of Ecopetrol’s Institutional Deterioration with Ricardo Roa
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President Gustavo Petro saw in Ecopetrol, the main company in Colombia, a key instance to decarbonize the economy and advance more decisively in the energy transition. That bet landed with the appointment of Ricardo Roa, the engineer who came from managing his presidential campaign in 2022, and who had been manager of the Bogotá Energy Group when Petro was mayor. Roa arrived at the management of the oil company in April 2023. Since then his mana…
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