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Ecopetrol still studying next step for unconventional

Ecopetrol (NYSE:EC) says that the company is still weighing its options regarding unonventional production in the Middle Magdalena Valley, and that it has yet to present a request for the environmental license to proceed with E&P projects.

Thursday, December 18th, 2014
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Gran Tierra announces US$310M Capex program for 2015

Gran Tierra Energy (TSX:GTE) has announced a US$310M Capex program for 2015, with a US$156M spending program for Colombia, as the company says it remains flexible to an uncertain price scenario.

Thursday, December 18th, 2014
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Ecopetrol announces US$7.76B Capex plan for 2015

Ecopetrol announces US$7.76B Capex plan for 2015

Ecopetrol says its board of directors has approved a US$7.86B Capex plan for 2015. The investment looks to keep production up while focusing on cutting costs, and is a 26% drop in spending compared to 2014. Exploration and unconventional activities took the biggest hit.

Wednesday, December 17th, 2014
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On CSR, the crowd cheers for Ecopetrol

A survey of experts and managers involved in Corporate Social Responsibility (CSR) programs said that Ecopetrol (NYSE:EC) is both the most visible proponent of CSR, and also the most respected.

Tuesday, December 16th, 2014
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The moment of truth for Rubiales

The pending decision on the future of the Rubiales Field, still Colombia’s largest producer, is running out of time. But while the political decision and momentum to return the field to full Ecopetrol (NYSE:EC) control looks clear, the technical requirements of the aging field are not so cut and dry.

Tuesday, December 16th, 2014
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Official: Gutiérrez out as ECP president

Ecopetrol’s (NYSE:EC) board of directors met last Friday (December 12) and confirmed the rumors: Javier Gutiérrez will step down as president of the NOC.

Monday, December 15th, 2014
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CSR Summary: Ecopetrol refinery labor, Equion certification

Ecopetrol detailed figures that illustrate the impact that the Barrancabermeja Refinery maintenance work has made on local hiring positions, while Equion says it is the first hydrocarbons company to receive certification for its labor practices. These and other stories in our periodic round up of Company Social Responsibility (CSR) reports.

Wednesday, December 10th, 2014
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ECP’s Gutiérrez discuses Meta

Ecopetrol (NYSE:EC) president Javier Gutiérrez made a visit to the Meta Department and discussed the NOC’s presence in the region, touching on local hiring, fracking use and production.

Tuesday, December 9th, 2014
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Rumors swirl on Ecopetrol management change

With only days before the next meeting of Ecopetrol’s (NYSE:EC) board of directors, rumors abound that current president Javier Gutiérrez is on his way out, but who would replace him?

Monday, December 8th, 2014
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Ecopetrol discovers gas on off shore Tayrona block

Ecopetrol (NYSE:EC) says that it has made a discovery of an accumulation of natural gas at its Orca-1 well in the offshore Tayrona block, the first discovery in the deep waters of the Colombian Caribbean.

Thursday, December 4th, 2014
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