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Eye on Ecopetrol

ECP leads energy transition

Ecopetrol (NYSE: EC) is taking bold steps to lead Colombia’s energy transition by integrating its businesses across hydrocarbons, renewable energy, and infrastructure.

Monday, September 9th, 2024
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Disruptions in hydrocarbon transport

Disruptions in hydrocarbon transport

Ecopetrol (NYSE: EC) announced significant operational disruptions caused by a series of recent events, including the ongoing truckers’ strike, attacks on critical oil pipelines, and the takeover of a key gas plant.

Thursday, September 5th, 2024
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Gas plant shutdown

Ecopetrol (NYSE: EC) activated a contingency plan to ensure the availability of natural gas in northeastern Colombia, following the occupation of the Gibraltar gas plant by members of the local indigenous community.

Thursday, September 5th, 2024
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Legal action over CrownRock case?

The controversy surrounding Ecopetrol’s (NYSE: EC) withdrawal from the CrownRock acquisition has taken a new turn, with potential legal action looming from the company’s minority shareholders.

Tuesday, September 3rd, 2024
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New petrochemical export system

Ecopetrol (NYSE: EC) launched a new petrochemical export system targeting Latin America and the Caribbean, marking a significant step toward reducing its carbon footprint and eliminating intermediaries in its supply chain.

Thursday, August 29th, 2024
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Petro’s influence over Ecopetrol

A resignation letter highlights the growing influence of Colombian President Gustavo Petro over the Ecopetrol Board of Directors, raising concerns about the independence of the country’s largest company.

Thursday, August 29th, 2024
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Concerns about ECP’s future

Concerns about ECP’s future

José Manuel Restrepo, a prominent figure in Colombia’s economic landscape and former MinHacienda, voiced significant concerns about Ecopetrol’s (NYSE: EC) future.

Tuesday, August 27th, 2024
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ECP and Petrobras explore opportunities

Ecopetrol’s (NYSE: EC) President, Ricardo Roa, and Colombia’s Minister of Mines and Energy (MinEnergia), Andrés Camacho, visited Brazil recently to meet with executives from Brazilian companies, focusing on potential business ventures in energy transition and hydrocarbons.

Tuesday, August 27th, 2024
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ECP’s oil recovery pilot

Ecopetrol (NYSE: EC) reported that its air injection pilot project in the Chichimene oil field, located in Acacías, Meta, has yielded significant results.

Monday, August 26th, 2024
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ECP’s LoB results for 2Q24: It’s still Downstream’s fault

ECP’s LoB results for 2Q24: It’s still Downstream’s fault

On the first day of Shareholder Stewardship 101, the professor reminds everyone that different investors measure performance differently. One group of shareholders prioritizes short-term performance, long-term performance concerns others, and dividend flow to others. We know that Colombian President Gustavo Petro never attended that class but Ecopetrol Ricardo Roa seems to have missed it as well.

Monday, August 26th, 2024
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