Colombia’s leftist government must make its planned transition away from fossil fuels a gradual one if it is to work, the outgoing chief executive of state-owned oil and energy company Ecopetrol has warned. “There is no substitution in which you can just flip a switch to turn one thing off and another on,” said Felipe Bayón in an interview with the Financial Times. Oil, gas and mining are vital to Colombia’s economy, together representing more than half of exports.
EC, KLBAY and TH made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 6, 2022.
EC, BCC and BLDR made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 4, 2022.