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Eye on Ecopetrol

Congress grills Ecopetrol president

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.

Tuesday, March 12th, 2024
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Petro urges ECP’s shift to clean energy

Colombian President Gustavo Petro emphasized the urgent need for Ecopetrol (NYSE: EC) to transition to clean energy.

Monday, March 11th, 2024
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Board dispute emerges at Ecopetrol

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.

Monday, March 11th, 2024
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Sometimes it is what it is

Sometimes it is what it is

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?

Sunday, March 10th, 2024
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Gas deficit will start in 2025: Roa

Gas deficit will start in 2025: Roa

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.

Thursday, March 7th, 2024
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Uchuva 2 well drilling

Ecopetrol (NYSE: EC) is gearing up for a new venture to further explore the natural gas potential in the Caribbean Sea.

Thursday, March 7th, 2024
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ECP’s innovation lab for decarbonization

Ecopetrol (NYSE: EC) and the Bucaramanga Chamber of Commerce are set to construct Colombia’s inaugural digital innovation lab in Bucaramanga.

Thursday, March 7th, 2024
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ECP 2023 reserves

ECP 2023 reserves

Ecopetrol (NYSE: EC) reported its reserves as of December 31st, 2023.

Wednesday, March 6th, 2024
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New scandal hits Petro’s presidential campaign

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.

Wednesday, March 6th, 2024
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Roa comments

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.

Wednesday, March 6th, 2024
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