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Ecopetrol has not considered selling Cenit

After statements made by USO president Edwin Castaño that Ecopetrol is considering sell part of its transport and logistics firm Cenit, Ecopetrol’s vice president Camilo Marulanda said that it is not an option being considered.

Tuesday, June 2nd, 2015
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CSR Summary: Ecopetrol advances water and education works

Ecopetrol installs new water infrastructure in Meta and plans to build educational infrastructure in Cupiagua. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.

Tuesday, June 2nd, 2015
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DNP says SGR working well, an opportunity for regions

The National Planning Department (DNP) published a statement in which it highlighted the arrival of royalty projects to all of Colombia’s departments, and said that things are going well.

Tuesday, June 2nd, 2015
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Inner Circle Monthly Report for June 2015

The issue of the industry’s viability continues to haunt us as oil prices stubbornly stay below US$70 and a long way from US$100 where they were only 1 year ago.

Monday, June 1st, 2015
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Ecopetrol adjusts strategy

Ecopetrol (NYSE:EC) has released more concrete details on its strategy going forward, revealing plans to focus on its larger producing fields and divest of non-strategic assets.

Monday, June 1st, 2015
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Governor pushing for Echeverry visit to keep Barrancabermeja on the radar

The Santander Governor Richard Aguilar Villa said that he was able to confirm an official visit from Ecopetrol (NYSE:EC) president Juan Carlos Echeverry to discuss the future of the Barrancabermeja Refinery and address employment alternatives.

Monday, June 1st, 2015
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USO skeptical of Ecopetrol strategy change

Ecopetrol (NYSE: EC) president Juan Carlos Echeverry and the USO president Edwin Castaño coincided at a private event in Bogota, where the USO says that Castaño addressed his concerns about the statement the executive made April 7th on smaller oil fields and a supposed inconsistency in the figures presented on the number of Ecopetrol wells.

Monday, June 1st, 2015
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Fuel prices inch higher in June

Fuel prices inch higher in June

The Ministry of Mines and Energy (MinMinas) inched fuel prices up for the first time this year, but reinforced that Colombians will not see large changes in the fuel price even if international prices climb.

Monday, June 1st, 2015
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Ecopetrol taking advantage of Venezuela’s problems?

Ecopetrol taking advantage of Venezuela’s problems?

Ecopetrol (NYSE:EC) shifted its exports from Asia to Central America and the Caribbean. Could Venezuela’s need to end subsidies in Petrocaribe be the driver?

Thursday, May 28th, 2015
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Peace Process week of May 25: Will the talks hold?

Norway and Cuba are calling for the government and the Farc to try and preserve Havana peace negotiations after 40 guerrillas were killed in three military attacks in Cauca, Antioquia and Chocó, leading the guerrilla to call off its unilateral cease fire.

Thursday, May 28th, 2015
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