Ecopetrol (NYSE: EC) announced progress at the Bioenergy plant, the largest ethanol production complex in the country. The company said the ethanol-marketing phase began.
The oil industry is facing difficult times, but this sector has an important role in the Colombian economy and in the State’s income. Ecopetrol (NYSE: EC), the main player in this industry, is vital to Colombian finances.
Despite assurances that Reficar is now “practically” online, refining volume dropped at the NOC’s flagship facility for the second straight quarter.
The popular consultation that will determine whether citizens of Cumaral (Meta) approve oil activities in their territory or not, will take place on July 4th. Ecopetrol’s (NYSE:EC) president went to the municipality to defend the NOC’s position on the matter.
There is optimism about the sector’s performance this year. Oil companies announced good financial and operational resultsduring 1Q17, and Colombian authorities hope to see better results in coming quarters.
Ecopetrol (NYSE: EC) said one of its largestoil fields has stopped producing. The company went on to say thatblockades and sabotages to La Cira-Infantasfield could affect nearby villages.
The Colombian Association of Oil Engineers (Acipet) organized a breakfast to give the press “objective, technical and clear information about Hydraulic Stimulation in producingrockreservoirs in Colombia”. HCC was present at the event; we bring a brief summary of the meeting.
Ecopetrol (NYSE: EC) has reported good financial performance, despite low prices and less production. The company announced that it has cash to buy oil reserves abroad.
Ecopetrol (NYSE: EC) presented its first quarter 2017 results. The company had a significant net income increase and good operational performance. The firm is optimistic about this year.
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