News and AnalysIs for

How bad is it? ECP’s 3Q24 results came out recently and Net Income fell once again. The share price continues to fall. Reputable investment banks question the NOC’s governance and suggest the share price could fall further. But do the numbers justify the gloom and doom?

Ecopetrol’s (NYSE: EC) stock price has dropped to levels reminiscent of the global market crash caused by the COVID-19 pandemic, raising concerns about the financial health of Colombia’s state-owned oil company.

Campetrol’s mid-year assessment of the Colombian oil and gas sector highlights critical challenges and opportunities within a rapidly evolving global and domestic energy landscape.

Colombia’s Controller General issued a stern warning to the Ministry of Mines and Energy (MinEnergia) regarding looming threats to the country’s energy security.

The Colombian Association of Petroleum, Energy, and Allied Technologies Engineers (ACIPET) celebrated 60 years of excellence and evolution in an industry undergoing significant transformation.

Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures as of October 2024. Here are the details.

Ecopetrol’s (NYSE: EC) President, Ricardo Roa, outlined a robust austerity and efficiency strategy to address the challenges facing Colombia’s largest oil company.

Following the announcement by Colombia’s National Administrative Department of Statistics (DANE) that the country’s GDP grew by 2% in the third quarter—falling short of market expectations—leading business figures have voiced concerns over the sluggish recovery of key economic sectors.

Fitch Ratings has maintained Colombia’s long-term and short-term credit ratings at AAA and F1, respectively, but issued significant warnings regarding governance issues at Ecopetrol (NYSE: EC), the nation’s largest and most profitable state-owned oil company.

NG Energy International Corp. (NGE) commenced natural gas production and sales from its Sinu-9 project in Colombia, marking a key step in the company’s growth.