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CSR Summary: Mayor accuses Ecopetrol on CSR work

Ecopetrol (NYSE: EC), is under fire for not following through on CSR commitments in Pompeya while Gran Tierra Energy (TSX:GTE) donates a pediatric wing to the Mocoa hospital. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.

Tuesday, June 9th, 2015
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USO says Echeverry ECP plan is misguided

The president of the USO oil workers union Edwin Castaño said that the “reinvention” of Ecopetrol (NYSE:EC) announced by the NOC’s new president Juan Carlos Echeverry is misguided and instead it should focus on directly operating all of its smaller fields.

Thursday, June 4th, 2015
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ECP moves forward with plan to farm out fields

ECP moves forward with plan to farm out fields

As part of its new strategy, Ecopetrol (NYSE:EC) is planning to focus on its larger producing blocks and implement a divestment plan for at least 45 of its smaller fields.

Tuesday, June 2nd, 2015
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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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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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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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Cenit transported volume up despite attacks

Cenit transported volume up despite attacks

Ecopetrol’s (NYSE:EC) transport and logistics spin off Cenit saw an increase in its transported volume in 2014 despite standing out as one of the guerrilla’s favorite targets in the same year.

Thursday, May 21st, 2015
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Vetra says costs, infrastructure biggest hurdles

The president of oil & gas E&P firm Vetra Humberto Calderón Berti gave a rare press interview and said that the Llanos and Putumayo offer much in terms of prospectively, but the lack of infrastructure, high costs and public order issues represent the largest obstacles.

Wednesday, May 20th, 2015
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A look at oil industry debt

Despite a weakening of credit indicators for the oil industry and a combined debt of nearly CoP$7T, Colombia’s Central Bank has said that the financial sector is not at any risk due to the potential of unpaid obligations.

Wednesday, May 20th, 2015
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