In a race against time, Ecopetrol (NYSE: EC) finds itself entangled in a tug-of-war over the government’s latest slate of candidates for its board of directors.
The company, MinHacienda and those sympathetic to the government quickly blamed Ecopetrol’s 43% drop in Net Income in 2023 on oil prices. Petro attributed it to the end of fossil fuels. The opposition blamed government mismanagement. Who is right or perhaps, what is the right balance between the various partial explanations?
Ricardo Roa, President of Ecopetrol (NYSE: EC), reiterated concerns about Colombia’s short-term gas deficit and discussed potential solutions, including the possibility of importing gas from Venezuela.
Ecopetrol (NYSE: EC) is gearing up for a new venture to further explore the natural gas potential in the Caribbean Sea.
Ecopetrol (NYSE: EC) and the Bucaramanga Chamber of Commerce are set to construct Colombia’s inaugural digital innovation lab in Bucaramanga.
In a fresh controversy surrounding Gustavo Petro’s 2022 presidential campaign in Colombia, the National Electoral Council (CNE) and the Inspector’s Office are investigating an alleged CoP$600M that was reportedly not disclosed in the official campaign accounts submitted to the electoral authority.
Ricardo Roa, President of Ecopetrol (NYSE: EC), opened up about his professional journey, assuming leadership at the state-owned oil company, his role during President Gustavo Petro’s electoral campaign, and various aspects of his personal life.
Ecopetrol (NYSE: EC) announced its fourth quarter 2023 results, with a continued decrease in key metrics.
The composition of Ecopetrol’s board of directors has been a subject of recent modifications, reflecting an ongoing evaluation process by the Corporate Governance and Sustainability Committee.
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