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Eye on Ecopetrol

ECP’s key focus areas from 2024 to 2026

ECP’s key focus areas from 2024 to 2026

In its recently presented investment plan, Ecopetrol (NYSE: EC) outlines its commitment to maintaining an oil and gas production range between 725mboed and 730mboed for 2024 to 2026.

Thursday, January 18th, 2024
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Completion of Cupiagua plant maintenance

Ecopetrol (NYSE: EC) reported the successful completion of maintenance activities at the Cupiagua Gas Plant in Aguazul, Casanare, a day ahead of schedule.

Thursday, January 18th, 2024
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ECP’s statute reform

The Extraordinary Assembly has approved a 30% representation of women on the new Board of Directors (3 out of 9 members), along with relaxed requirements for those aspiring to join this body.

Wednesday, January 17th, 2024
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JEP’s acceptance of Ex-ECP security official

In a surprising move, the Jurisdicción Especial para la Paz (JEP), or Special Jurisdiction for Peace, accepted José Eduardo González Sánchez, a former captain in the National Army who served as the deputy head of security for Ecopetrol (NYSE: EC), into its jurisdiction.

Tuesday, January 16th, 2024
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ECP and sustainability practices

In 2023, Ecopetrol secured its position as one of the top three companies in the oil and gas sector for sustainability practices, as per the Dow Jones Sustainability Index (DJSI) results.

Monday, January 15th, 2024
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The Comprehensive Energy Company of Colombia

Whatever Gustavo Petro’s strengths as a politician might be (and we will leave that for another day), I would not hire him as a marketer. Who came up with “Empresa Integral de Energía de Colombia” as the new name for Ecopetrol? And what will it mean for the Colombian industry?

Monday, January 15th, 2024
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ECP earns gold standard recognition

Ecopetrol (NYSE: EC) has been awarded the Gold Standard for its advancements in measuring, reporting, and setting reduction goals for methane emissions by the United Nations Oil and Gas Methane Partnership (OGMP 2.0).

Friday, January 12th, 2024
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Ecopetrol’s liability on a social project

The Inspector General’s Office upheld a fiscal liability ruling against Ecopetrol (NYSE: EC).

Friday, January 12th, 2024
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Further details of ECP and PDVSA agreement

Colombian President Gustavo Petro’s recent announcements regarding the likelihood of the Colombian state-owned oil company, Ecopetrol, collaborating with PDVSA to explore and exploit hydrocarbons in Venezuela, raised concerns. Lately, additional specifics have emerged.

Tuesday, January 9th, 2024
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The Ecopetrol brain trust still wants to import Venezuelan gas

Before the holidays, MinHacienda Ricardo Bonilla, MinEnergia Andrés Camacho and Ecopetrol CEO Ricardo Roa went to Congress to explain to the Fifth Commission of the Lower House the deal between Ecopetrol and Venezuela’s PDVSA. The NOC leadership estimates a gas shortfall in 2024 of at least 10% meaning importing would be inevitable anyway.

Monday, January 8th, 2024
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