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Eye on Ecopetrol

USO, ECP conflict heats up

The USO accused Ecopetrol (NYSE:EC) of relying on the police to repress union members and force it to accept management’s agenda to leave the current collective bargaining agreement without changes.

Monday, November 14th, 2016
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CSR Summary: Ecopetrol hands out innovation awards

Ecopetrol (NYSE:EC) has handed out scholarships for rural residents to take on university studies, and distinguished 16 national initiatives with its innovation awards for 2016. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Wednesday, November 9th, 2016
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USO starts review of ECP labor agreement

The USO said that it has started a review of its collective bargaining agreement with Ecopetrol (NYSE:EC), two years after signing the latest labor accord with the NOC, but made no mention of its plans to hold a company-wide strike.

Monday, October 31st, 2016
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Questions on the local effects of Ecopetrol’s asset sale

Ecopetrol’s (NYSE:EC) 2016 competitive round will sell off around 20 smaller fields to outsider bidders, and a report from Huila unveils some of the local concerns that this plan is causing.

Wednesday, October 26th, 2016
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Ecopetrol reserves its pessimism

Ecopetrol reserves its pessimism

In an article last week on the new Ecopetrol (NYSE:EC) strategic plan for 2020, we remarked on the NOC’s pessimism. The same picture appears when looking at reserves.

Thursday, October 13th, 2016
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Echeverry optimistic that reserves can grow

Ecopetrol (NYSE:EC) president Juan Carlos Echeverry is optimistic both on the future of the peace agreements and the Colombian economy. And he believes that reality will be kind to the NOC when it comes to growing its reserves.

Wednesday, October 12th, 2016
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Ecopetrol shows off new rigs in Rubiales drilling

Ecopetrol shows off new rigs in Rubiales drilling

As part of its restart of drilling in the Rubiales field Ecopetrol (NYSE:EC) is employing four cutting edge rigs to help streamline the operation and save both time and money.

Tuesday, October 11th, 2016
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Activity increases in the “Orinoco belt”

Activity increases in the “Orinoco belt”

Six areas in the “Orinoco belt” — which occupies the foothills of the Llanos on the borders of Meta and Guaviare — look to extract up to 10M barrels over the next 10 years.

Monday, October 10th, 2016
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ECP launches new 2020 business plan

ECP launches new 2020 business plan

Ecopetrol (NYSE:EC) has launched its new business plan through 2020, with a renewed focus on exploration and production and an estimated US$13B investment plan.

Thursday, October 6th, 2016
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Ecopetrol set for Rubiales drilling

Ecopetrol (NYSE:EC) will start its Rubiales field drilling campaign this month with 72 wells planned for the country’s largest producing and recently reverted field.

Wednesday, October 5th, 2016
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