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ECP has a good year – except for refining

Monday, March 11th, 2019 Category: Long Form Reports
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ECP has a good year – except for refining

Ecopetrol published its results this past week and CEO Felipe Bayón was rightly trumpeting the NOC’s earnings for their contribution to the nation’s coffers. But hidden in the results presentation was worsening margins in the Refining Line-of-Business (LoB).

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