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Eye on Ecopetrol

Cano issues alarming warnings

Carlos Gustavo Cano, a former minister and a six-year member of the board at Ecopetrol (NYSE: EC), raised serious concerns about the company’s corporate governance.

Thursday, March 14th, 2024
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Risks amidst Roa’s controversy

The Ecopetrol Board of Directors has taken action in response to the ongoing controversy surrounding the company’s president, Ricardo Roa.

Thursday, March 14th, 2024
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ECP unveils candidates for new Board

Ecopetrol (NYSE: EC) officially released the list of candidates for its new Board of Directors on its website.

Wednesday, March 13th, 2024
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Congress grills Ecopetrol president

In a public letter, Representative Juan Espinal, second vice president of the House of Representatives, expressed deep concern over Ecopetrol’s (NYSE: EC) significant profit decline last year.

Tuesday, March 12th, 2024
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Petro urges ECP’s shift to clean energy

Colombian President Gustavo Petro emphasized the urgent need for Ecopetrol (NYSE: EC) to transition to clean energy.

Monday, March 11th, 2024
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Board dispute emerges at Ecopetrol

In a race against time, Ecopetrol (NYSE: EC) finds itself entangled in a tug-of-war over the government’s latest slate of candidates for its board of directors.

Monday, March 11th, 2024
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Sometimes it is what it is

Sometimes it is what it is

The company, MinHacienda and those sympathetic to the government quickly blamed Ecopetrol’s 43% drop in Net Income in 2023 on oil prices. Petro attributed it to the end of fossil fuels. The opposition blamed government mismanagement. Who is right or perhaps, what is the right balance between the various partial explanations?

Sunday, March 10th, 2024
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Gas deficit will start in 2025: Roa

Gas deficit will start in 2025: Roa

Ricardo Roa, President of Ecopetrol (NYSE: EC), reiterated concerns about Colombia’s short-term gas deficit and discussed potential solutions, including the possibility of importing gas from Venezuela.

Thursday, March 7th, 2024
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Uchuva 2 well drilling

Ecopetrol (NYSE: EC) is gearing up for a new venture to further explore the natural gas potential in the Caribbean Sea.

Thursday, March 7th, 2024
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ECP’s innovation lab for decarbonization

Ecopetrol (NYSE: EC) and the Bucaramanga Chamber of Commerce are set to construct Colombia’s inaugural digital innovation lab in Bucaramanga.

Thursday, March 7th, 2024
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