In recent days, Ecopetrol has made national headlines as the company’s stock hit lows not seen since the pandemic.
Ecopetrol (NYSE: EC) announced measures to ensure a continuous supply of diesel in Colombia, following recent attacks on the Coveñas-Caño Limón (CCL) and Bicentenario pipelines.
Ricardo Roa, President of Ecopetrol (NYSE: EC), recently confirmed that the company is actively incorporating artificial intelligence (AI) into its operations, responding to a call from Colombian President Gustavo Petro to embrace the technology.
Ecopetrol (NYSE: EC) has become a driving force for regional development through its focus on sustainability and social responsibility.
Ecopetrol (NYSE: EC) is heading into 2024 under immense pressure.
The press has been chattering about Ecopetrol’s stock price for most of the third quarter. The ADRs were US$12.67 on June 24th (the last ex-dividend date) and closed last Friday at US$8.74 down 31%. The Colombian government, Ecopetrol’s 88% owner, seems unconcerned.
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.