Despite the recent discovery of significant natural gas reserves off the Colombian Caribbean coast, Ecopetrol’s (NYSE: EC) president, Ricardo Roa, announced that Colombia will need to continue importing gas for at least five more years.
President Gustavo Petro delivered a message to Ecopetrol (NYSE: EC).
Ecopetrol (NYSE: EC), through its subsidiary Cenit, reached an agreement with Promigas to evaluate a new connection between the gas markets of Colombia’s coast and interior.
Ecopetrol (NYSE: EC) announced a significant new step in its offshore gas exploration efforts with the launch of the “Papayuela” well, located in the Gua-Off-0 block (previously known as Tayrona) in Colombia’s Caribbean region.
Minority shareholders of Ecopetrol (NYSE: EC), including pension funds, are calling for an extraordinary meeting to elect a new representative to the company’s Board of Directors.
Ecopetrol (NYSE: EC) urged the government to take necessary measures to secure the supply of natural gas for 2025 and 2026.
Ecopetrol (NYSE: EC) is making strides towards securing the natural gas supply for over 36 million Colombians as part of its 2024-2034 strategic plan.
Ricardo Roa Barragán, President of Ecopetrol (NYSE: EC), shed light on the company’s position regarding its operations in the Permian Basin, one of the most productive oil and gas regions in the US.
Felipe Bayón, former president of Ecopetrol (NYSE: EC), raised significant concerns about the current state of the company following a report from JPMorgan that downgraded the firm’s stock price target by nearly 30%.
The recent court decision to suspend natural gas exploration at the Uchuva 2 well, operated by Ecopetrol (NYSE: EC) and Petrobras (NYSE: PBR) in Colombia’s Caribbean waters, will be implemented gradually, according to the judge’s clarification.
2024, Hydrocarbons Colombia, All Rights Reserved.
