Felipe Bayón, CEO of Ecopetrol (NYSE: EC), talked about the company’s plans to increase its reserves. The NOC has a solid cash position at present, allowing it to look at several business opportunities.
Ecopetrol’s (NYSE: EC) reported its exports metrics for the second quarter of 2018. ECP export distribution is changing, but the United States remains as the principal destination of Colombian crude. The company reported a decrease in this metric compared to previous year, but it increased compared to 1Q18.
During the first semester of 2018, the industry generated 31% more job opportunities in the Middle Magdalena area, compared to the same period last year.
The government announced that the savannas of Cinaruco (Arauca) are now part of the list of protected areas in Colombia. The development of these and more stories in our periodic Eco summary.
Ecopetrol (NYSE: EC) is developing several offshore projects in the Colombian Caribbean and expectations are high, especially in terms of natural gas. Felipe Bayón, CEO of ECP, spoke about the Orca-1 well and other issues relevant to the NOC.
The president of the National Hydrocarbons Agency (ANH), Orlando Velandia, spoke about prospects and projects for the sector in the first half of the year, among other topics.
Ecopetrol (NYSE: EC) is betting on offshore projects in Colombia and abroad to improve its long-term prospects. The NOC plans to increase its presence in Latin America.
Ecopetrol (NYSE: EC) announced its energy plans for key oil fields in Colombia. The company has great expectations about the results of this strategy.
According to the NOC, local hiring levels increased 24% during the first semester of 2018, compared to the same period last month.
The union’s president, César Loza, spoke with the press about what he wants to achieve through the negotiations.
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