Ecopetrol announced that the company's net proven reserves reached 1,770 million barrels of oil. However, it represents a decrease of 6.5% compared to 2019 ( 1,893 million).
Some of the largest companies in the country are increasing their production capacity. To do so, Pepsico will invest 158 million in its existing facilities near Bogotá, followed by Grupo Nutresa (133 million in Santa Marta), Ternium ($ 133 million near Barranquilla) and Smurfit Kappa and Familia (both 50 million near Medellin).
In January 2021, 79.06% of the country's energy came from renewable sources, informed the Colombian Association of Electric Power Generators of Colombia (Acolgen). The main sources are hydrological, wind, solar, bagasse and biogas. However, the demand for energy fall by 2.5% compared to December last year.
The most recent version of the Ranking Global Cities of the Future 2021/2022, published by fDi Intelligence, the investment monitor of the Financial Times, highlights Bogota as one of the cities in the Top 10 Human Capital and Lifestyle. Colombia’s capital is ranked seventh in this category, which includes cities with a population of between 5 and 10 million inhabitants.
Business confidence in Colombia experienced a slight decline for the second consecutive month in January due to the impact of confinement measures.The business confidence index fell 0.12% to 48.7% inJanuary, the government's DANE statistics agency said.