IAHL Corporation (IAHL)

[Gators12]

In November, Ecopetrol announced that it would allocate more than 40% of its 2024 investment budget to clean energy as it accelerates decarbonization plans.

By 2030, the company expects its traditional oil and gas business to account for less 60% of Ebitda, with the remainder to come from low or zero-carbon initiatives.

At the forefront of the new business model is a focus on clean hydrogen, non-conventional renewable energy generation and natural gas.