The Colombian government’s push to sell Ecopetrol’s (NYSE: EC) stake in the Permian Basin (Texas, USA), where it operates in partnership with oil giant Occidental Petroleum (NYSE: OXY), has triggered warnings from multiple stakeholders, including Citi, labor unions, and industry associations.
In a recent update on the energy sector, Grupo Santander upgraded Ecopetrol’s (NYSE: EC) rating from neutral to outperform.
Colombian President Gustavo Petro has once again expressed his strong opposition to fracking, this time urging the sale of Ecopetrol’s (NYSE: EC) operations in the Permian Basin, Texas.
A recent study by Grupo Bancolombia projects a 4.6% decrease in Ecopetrol’s (NYSE: EC) proven reserves by the end of 2024, citing limited efficiency gains.
Ecopetrol (NYSE: EC) and Occidental Petroleum ((NYSE: OXY) announced an agreement to extend their development plan for the Midland sub-basin in the Permian Basin, Texas.
Ecopetrol (NYSE: EC) is experiencing a wave of layoffs affecting highly skilled professionals, particularly experts in offshore gas exploration.
Ecopetrol (NYSE: EC) announced the nuEcopetrol (NYSE: EC) announced the number of jobs created in 2024.mber of jobs created in 2024.
While individual company results may differ, Colombia-focused stocks as a group and Ecopetrol in particular have suffered since the arrival of Gustavo Petro as president.
Ecopetrol (NYSE: EC) announced a significant legal development as the Southern District of New York Court upheld an arbitral award in favor of its subsidiary, Reficar.
Ecopetrol (NYSE: EC) and Parex Resources (TSX: PXT) announced significant initiatives aimed at boosting shareholder value and market confidence.