Ecopetrol (NYSE: EC) wants recover the ground lost by the oil crisis. To achieve this, the NOC has big plans around Colombia. The department of Huila will have several projects this year.
Ecopetrol (NYSE: EC) is focusing on offshore projects and so the company will develop several projects this year with partners. The NOC will be the operator in one of these.
Juan Carlos Echeverry gave details on Trogón and Lorito 1; two of Ecopetrol’s (NYSE:EC) most controversial projects in Guamal’s community.
Ecopetrol (NYSE: EC) announced its operating strategy for this year. Unsurprisingly, the company wants to continue generating short-term profits for its shareholders.
The oil industry has contributed to the country’s development, but also provokes rejection by some. Juan Carlos Echeverry, CEO of Ecopetrol (NYSE: EC), referred to this situation and said that the country must make a decision.
Ecopetrol (NYSE: EC) announced that it has found oil in the municipality of Rionegro (Santander). The company said that the well has a strategic position, suggesting more is to come.
Ecopetrol (NYSE: EC) wants to increase its gas production and the firm is looking for strategic alliances. The NOC will have a meeting with the Malaysian company Petroliam Nasional Bhd (Petronas).
Ecopetrol’s (NYSE:EC) E&P business unit had more EBITDA than its Transport Line of Business (LoB) in 2016 but by far the largest contributor to Net Income was Transport. This continues to generate controversy. We hope this graph is helpful.
The Controller General called 47 Reficar officials and members of Ecopetrol’s (NYSE:EC) board of directors for an investigation into criminal responsibility, to discuss what happened with the technical analysis of the investments and cost that were incurred in the project.
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