Senator Juan Diego Gómez, of the conservative party, wants to hold a debate in the Senate’s Fifth Commission on the issue of fuel quality to analyze issues surrounding Ecopetrol’s (NYSE:EC) refining of fuels in Colombia.
A kind of class action lawsuit, or “Popular Action” has been verified Casanare Administration Tribunal after a public hearing late last week, in which Ecopetrol (NYSE:EC) has been required to install a valve for its natural gas line to the Agauazul municipality.
Problems surrounding an ethanol plant that is to be built by Ecopetrol’s (NYSE:EC) biofuels unit Bioenergy have made their way to the Colombian Senate, and Senate Martiza Martínez wants ECP president Javier Gutiérrez and Bioenergy manager Aleck Santamaría de la Cruz to explain the status of the plant.
Ecopetrol’s (NYSE:EC) new regional vice president Francy Ramírez Arroyave has taken her post and looks to strengthen the company’s regional presence and autonomy, while at the same time staying aligned with larger corporate objectives like growing overall production.
Add biofuels refining to the list of problems that Ecopetrol (NYSE:EC) has racked up, with a planned plant facing a familiar trend of labor issues, overrun budgets, and delays.
Ecopetrol (NYSE:EC) is considering building an additional regasification plant in order to protect against supply deficits that could affect the country starting in 2018.
Nearly four years after announcing the discovery, Ecopetrol (NYSE:EC) has received the environmental license it needs to start more drilling at its Mago-1 well location near Puerto Gaitan, Meta.
Senator Jorge Robledo, a vocal critic of the oil industry, has warned that there could be a possible conspiracy of fuel importers and multinational firms that want to keep the Barrancabermeja Refinery from being modernized.
Ecopetrol (NYSE:EC) has unveiled a processing center to offer greater capacity for seismic imaging, the facility is operational starting the beginning of the month and located in Bucaramanga.
Blockades of the La Cira Infantas field have prohibited access to the administration facilities and led the operators of the field to suspend six contracts, affecting 700 workers associated with the project.