Ecopetrol (NYSE: EC) has reached a new collective bargaining agreement with the USO and six other unions.
Controversy surrounds Ecopetrol’s (NYSE: EC) contract with headhunter firm.
Ecopetrol (NYSE: EC) recently released its first-quarter financial statements, revealing a total debt of US$25B, approximately CoP$116.4T, prompting questions about the company’s debt sustainability.
Ricardo Roa did not affect Ecopetrol’s 1Q23 results and will have little influence over 2Q23 having taken command only at the end of April. But Felipe BayóN was already leaving in 1Q23 so others like Chairman Saul Kattan might have had more impact. Some key issues for the NOC’s next phase appear in the numbers already.
As part of its comprehensive debt management strategy, Ecopetrol (NYSE: EC) got authorization from the Ministry of Finance (MinHacienda) to contract a credit facility.
Ecopetrol’s (NYSE: EC) Ricardo Roa presented the company’s plan regarding the balance of the Fuel Price Stabilization Fund (FEPC).
Ecopetrol’s (NYSE: EC) Ricardo Roa commented on the signing of new exploration contracts.
Ecopetrol (NYSE: EC) announced its first quarter 2023 results, with a decrease in net income.
The union of Santa Marta’s hydrocarbons sector has issued a statement requesting a meeting with local and national authorities to address what they describe as a “sensitive issue”: the alleged exclusion of skilled and unskilled workers from the region at the Pozos Colorado plant.
Ricardo Roa had his first press conference as Ecopetrol president and investors punished the stock. His ultimate boss, Colombian President Gustavo Petro, would have been happy with Roa’s strict adherence to the government’s official energy policy but commentators questioned the strategy and the share price plummeted.