Ricardo Roa, CEO of Ecopetrol, recently confirmed that the company will proceed with the extension of its fracking contract with Occidental Petroleum (Oxy) in the Permian Basin.
Since taking office, President Gustavo Petro has repeatedly called for Ecopetrol (NYSE: EC) to transition toward renewable energy.
Ecopetrol (NYSE: EC) recently reported its proven reserves as of December 31, 2024, again generating controversy.
Ecopetrol’s (NYSE: EC) recent stock rally is a result of its operational success and positive market messaging, according to Ricardo Roa Barragán, the company’s president.
In a recent report, BTG Pactual analyzed the extension of the agreement between Colombian oil company Ecopetrol and Occidental Petroleum (NYSE: OXY) to continue hydrocarbon production in the Permian Basin (Texas, U.S.), where fracking is utilized.
The pundits have started saying nice things about Ecopetrol and the share price has responded positively.
Ecopetrol (NYSE: EC) assured the public that the electrical failure that occurred at the Cartagena Refinery (Reficar) on February 14 has been successfully identified and corrected.
Ecopetrol (NYSE: EC) initiated the commercial process for selling available natural gas for the coming years, sourced from the Cusiana, Cupiagua, and Cupiagua Sur fields in the Casanare department of Colombia.
Ecopetrol (NYSE: EC) announced a temporary shutdown of one of the 56 units at its Barrancabermeja refinery in March 2024. The maintenance, which occurs once every three decades, has been in planning for over three years.
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