Ecopetrol (NYSE: EC) reported the economic losses due to the oil theft and attacks against oil infrastructure.
Colombia’s state-owned oil company, Ecopetrol S.A., is grappling with increasing debt pressures, exacerbated by the government’s demands for higher shareholder payouts and continued investment in the face of economic challenges.
Ecopetrol (NYSE: EC) announced that bondholders have unanimously approved the statutory changes modifying the company’s social purpose.
Ecopetrol (NYSE: EC) and its subsidiary, Invercolsa, entered a strategic alliance aimed at providing natural gas service to 13,547 families in Colombia, focusing on those in socioeconomic strata 1 and 2.
Ecopetrol announced an important decision for the construction of the Orca-Chuchupa gas pipeline.
In the US, four law firms have launched investigations into Ecopetrol (NYSE: EC) to determine whether the company or any of its executives violated US securities laws or engaged in improper business practices.
Ecopetrol (NYSE: EC) is undergoing significant leadership changes within its subsidiaries.
Edwin Palma, the current Vice Minister of Labor Relations and Inspection at the Ministry of Labor (MinTrabajo) and a member of Ecopetrol’s Board of Directors, called for a significant revision of the company’s statutes.
Moody’s Investors Service downgraded the global credit rating of Colombia’s state-owned oil company, Ecopetrol (NYSE: EC).
Ricardo Roa Barragán, President of Ecopetrol (NYSE: EC), shared insights on the potential future of the company’s operations in the Permian Basin, Texas, where it produces oil and gas through fracking.