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ECP and Cormagdalena signed an agreement

Colombia wants to leverage the navigability of the Magadalena River but authorities expect large investments will be needed to achieve it. Ecopetrol (NYSE: EC) and Cormagdalena announced an agreement to invest in this important river.

Friday, June 23rd, 2017
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ICP to Invest in Infrastructure

The Colombian Petroleum Institute (ICP) is the main research center of the industry in the country. ICP announced investments to support Ecopetrol’s 2017-2020 business plan (NYSE: EC).

Wednesday, June 14th, 2017
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ECP hopes are in two wells

ECP hopes are in two wells

Ecopetrol (NYSE: EC) wants to start recovering the reserves lost because of the oil crisis and low exploration in recent years. The company has high expectations for two wells.

Wednesday, June 14th, 2017
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ECP’s international strategy

Ecopetrol (NYSE: EC) aims to expand its international presence. The firm is looking at several different countries to increase its operations.

Tuesday, June 13th, 2017
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Pacific changes more than just its name

Pacific changes more than just its name

The company formerly known as Pacific Exploration & Production Corporation is in a transformation process to become a a new and more competitive company. The firm announced a name change and new strategy.

Monday, June 12th, 2017
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Ecopetrol’s tanker trucks blocked from Barrancabermeja

As of August, the NOC’s tanker trucks will not be able to enter directly into the city and Ecopetrol (NYSE: EC) will have to search for an alternative route.

Thursday, June 8th, 2017
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Bioenergy starts ethanol commercialization

Ecopetrol (NYSE: EC) announced progress at the Bioenergy plant, the largest ethanol production complex in the country. The company said the ethanol-marketing phase began.

Wednesday, June 7th, 2017
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Ecopetrol and El Centro community reach an agreement

After 10 days of strikes and blockades, and almost three days of negotiations, the communities of ‘El Centro’ and Ecopetrol (NYSE:EC) signed the agreement that allows the reactivation of activities at La Cira-Infantas field.

Tuesday, May 30th, 2017
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Social unrest is getting worse

Relations between communities and oil industry are deteriorating every day. This situation is affecting everyone and it seems that there is no solution.

Wednesday, May 24th, 2017
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Oil reserves dropped 17%

Oil reserves dropped 17%

The National Hydrocarbons Agency (ANH) published oil and gas reserves in Colombia at the end of2016. As expected, these registered a decrease compared to 2015 figures. The ANH highlighted that contingent resources increased.

Monday, May 22nd, 2017
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