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.
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.
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.
Relations between communities and oil industry are deteriorating every day. This situation is affecting everyone and it seems that there is no solution.
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.
Geopark (NYSE: GPRK) reported its financial results for 1Q17 and the firm´s showed good financial and operational performance during this quarter. The company achieved record consolidated oil and gas production.
Ecopetrol (NYSE: EC) has reported good financial performance, despite low prices and less production. The company announced that it has cash to buy oil reserves abroad.
Parex Resources Inc. (TSX: PXT) announced its financial and operating results for 1Q17. The oil firm reported production growth and good financial performance in this period.
Canacol Energy could abandon its oil business entirely and concentrate on supplying Colombia’s growing natural gas demand, as the outlook for oil prices remains uncertain.
Ecopetrol (NYSE: EC) presented its first quarter 2017 results. The company had a significant net income increase and good operational performance. The firm is optimistic about this year.
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