Ecopetrol’s (NYSE: EC) Ricardo Roa unveiled further details about Colombia’s prospective gas import agreement with Venezuela through the Antonio Nariño gas pipeline.
Ecopetrol (NYSE: EC) could more than double the country’s natural gas reserves with a focus in the Llanos.
Former Pacific Rubiales CEO, Ronald Pantin, (now a board member at NG Energy) used to complain about a “Colombia discount” that investors imposed on E&Ps share prices. He believed the discount arose from unfavorable Colombian government policies that penalized the industry. Statistically, the discount disappeared for a while but returned with a vengeance and, seemingly, in free fall, deepens steadily.
In the Arpel-Naturgas Week, Ecopetrol (NYSE: EC) emphasized that its long-term strategy does not entail replacing the traditional hydrocarbon business but rather diversifying its ventures.
Ecopetrol (NYSE: EC) announced not only an increase in production at its refineries but also a significant improvement in the cleanliness of hydrocarbons, thanks to reduced sulfur levels.
The newly appointed chairman of Ecopetrol’s Board of Directors, Guillermo García Realpe, addressed his arrival at the company and the potential signing of new oil and gas contracts in Colombia.
In a bid to foster economic opportunities and empower entrepreneurs, Ecopetrol (NYSE: EC) has been a driving force behind the success of 1,319 small and medium-sized businesses across 25 municipalities where the company operates.
Colombian state-owned oil company Ecopetrol (NYSE: EC) announced the inauguration of new offices for its subsidiary, Ecopetrol US Trading, in Houston, Texas.
After more than eight hours of session and amidst heated debate, the Ecopetrol’s (NYSE: EC) new Board of Directors was finally elected, with approval from 98.9% of the General Shareholders’ Meeting of the state-owned oil company.
Ecopetrol (NYSE: EC) received authorization to carry out a debt management operation as part of its comprehensive debt management and refinancing strategy.
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