Search for your article of interest

Company News

Ecopetrol looks to get its groove back in 2015

Ecopetrol looks to get its groove back in 2015

While 2014 has proven to be a difficult year for Ecopetrol (NYSE:EC), its president Javier Gutiérrez says the company will return to its production goals in 2015 and produce a million barrels a day.

Tuesday, September 9th, 2014
Usefulness:

Rubiales decision now expected mid-2015

A decision on whether or not Ecopetrol will take over the production contract of the Rubiales field will not be made until the middle of 2015, and the president of Ecopetrol Javier Gutiérrez has told the Senate that the NOC is capable of operating the field on its own.

Tuesday, September 9th, 2014
Usefulness:
Canacol reports gas discovery at Palmer 1

Canacol reports gas discovery at Palmer 1

Canacol Energy (TSX:CNE) says that the first of three gas exploration wells, Palmer 1, has tested 14.4mmcpd, or 2,732boed, of dry gas.

Thursday, August 28th, 2014
Usefulness:

USO-ECP reach collective bargaining agreement, avert strike

After 30 hours of continuous negotiations and on the eve of the deadline, Ecopetrol (NYSE:EC) and its main workers union USO reached a collective bargaining agreement that will run from 2014-2018. The agreement came in the midst of threats of a union wide strike, and concedes a study group to limit the outsourcing of workers.

Monday, August 25th, 2014
Usefulness:
Other ports of call for Ecopetrol exports

Other ports of call for Ecopetrol exports

Ecopetrol (NYSE:EC) shipped proportionally less crude to the US than at any time in the last three-and-a-half years. Europe continues to increase in importance to the NOC.

Thursday, August 21st, 2014
Usefulness:

UPDATE: As Isagén sale falters, new focus on selling more of ECP

After a delay of at least a year for the sale of the 57.6% share that the government has in electrical energy generator Isagén, the idea of floating more of its control of Ecopetrol (NYSE:EC) on the public market to pay for infrastructure investments has resurfaced.

Wednesday, August 20th, 2014
Usefulness:
Chichimene field hits new record, expected to grow

Chichimene field hits new record, expected to grow

Ecopetrol’s (NYSE:EC) Chichimene field has reached a new production record of 66,029bd, and the firm expects water injection and secondary recovery programs to grow that number to 100,000bd by the end of 2015.

Tuesday, August 19th, 2014
Usefulness:
Pacific Rubiales production edges to new record in 2Q14

Pacific Rubiales production edges to new record in 2Q14

Pacific Rubiales Energy (TSX:PRE) said that its second quarter 2014 total production grew 17% year-over-year to reach a new record, as the firm added more barrels of light oil and tripled profits, when compared to last year. Company executives also assured that its dependence on Rubiales has fallen as other fields and sources kick in.

Thursday, August 14th, 2014
Usefulness:
Ecopetrol 1H14 contracts worth CoP$10T

Ecopetrol 1H14 contracts worth CoP$10T

Ecopetrol (NYSE:EC) says that contracts managed by the firm in the first half of 2014 reached CoP$10T (US$5.22B), putting it in line with contracting during 2013, when the NOC’s total contract pool valued COP$20B. The NOC said that 92% was performed with national suppliers.

Wednesday, August 13th, 2014
Usefulness:

Ecopetrol led state supported R&D activity in 2013

Ecopetrol (NYSE:EC) was responsible for more than half of the research and development projects certified by state innovation and research agency Colciencias to obtain tax benefits in 2013.

Thursday, August 7th, 2014
Usefulness: