The USO issued an urgent call to Ecopetrol (NYSE: EC) and the Colombian government to take immediate action in reactivating hydrocarbon exploration and production to boost the country’s reserves.
Felipe Bayón, former president of Ecopetrol (NYSE: EC), raised serious concerns about the financial health of Colombia’s state-owned oil company.
Recently, Ecopetrol’s (NYSE: EC) President, Ricardo Roa Barragán, announced the company’s potential plan to import gas produced through fracking in the Permian Basin (Texas, USA) as a strategy to mitigate Colombia’s projected gas deficit in 2025.
Ricardo Roa Barragán, President of Ecopetrol (NYSE: EC), provided new insights into the collapsed negotiations with Occidental Petroleum (NYSE: OXY) that aimed to acquire a significant stake in CrownRock, a company engaged in fracking in the US.
As Colombia braces for a looming natural gas deficit by 2025, Ecopetrol (NYSE: EC) explored a controversial solution: importing natural gas produced through fracking from the US.
In recent months, Colombia’s state-owned oil giant, Ecopetrol (NYSE: EC), has been at the center of a growing controversy, following decisions that analysts fear could lead to its demise.
Ecopetrol (NYSE: EC) announced its second quarter 2024 results, with a continued decrease in key metrics.
Ecopetrol (NYSE: EC) is facing increasing scrutiny following a controversial decision by its Board of Directors to pass on a significant investment opportunity in the US.
Ecopetrol (NYSE: EC) announced that the Uchuva-2 well has confirmed the extension of a gas discovery made in 2022 with the drilling of the Uchuva-1 well.
Ecopetrol (NYSE: EC) decided not to pick up its option on CrownRock, a subsidiary of Occidental Petroleum Corp (NYSE: OXY).