Ecopetrol (NYSE: EC) announced that Refinería de Cartagena S.A.S. (Reficar) will receive convertible preferred shares of McDermott International Ltd., the parent company of CB&I N.V.
Following the revelation of a report by Control Risks outlining the risks faced by Ecopetrol (NYSE: EC), some minority shareholders have sent a letter to the company’s president, Ricardo Roa, urging him to heed the British firm’s call.
We won’t see the official reserves report for a month or so but we have the reports of the major Colombia-focused players. That should give an indicator of how things went last year. Do not expect great news especially when the NOC – which contributes over 60% of reserves – has a down report.
A confidential report from a British firm shed light on the potential risks facing Colombia’s state-owned oil company, Ecopetrol (NYSE: EC), amidst investigations into its president, Ricardo Roa.
The boardroom brawl at Ecopetrol (NYSE: EC) has taken a dramatic turn as President Gustavo Petro seeks to shake up its leadership amid his push to wean the country off fossil fuels.
Carlos Gustavo Cano, a former minister and a six-year member of the board at Ecopetrol (NYSE: EC), raised serious concerns about the company’s corporate governance.
The Ecopetrol Board of Directors has taken action in response to the ongoing controversy surrounding the company’s president, Ricardo Roa.
Ecopetrol (NYSE: EC) officially released the list of candidates for its new Board of Directors on its website.
In a public letter, Representative Juan Espinal, second vice president of the House of Representatives, expressed deep concern over Ecopetrol’s (NYSE: EC) significant profit decline last year.
Colombian President Gustavo Petro emphasized the urgent need for Ecopetrol (NYSE: EC) to transition to clean energy.
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