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.
Ecopetrol’s president, Ricardo Roa, addressed the ongoing energy crisis affecting Colombia, mainly driven by drought and low reservoir levels, and confirmed measures to prioritize natural gas supply for thermoelectric plants over vehicles.
Ecopetrol (NYSE: EC) reported contracting goods and services during the first half of 2024.
Ecopetrol (NYSE: EC) announced the suspension of vehicular gas sales to 13 companies responsible for its distribution across the country.
The political tension surrounding Ricardo Roa, current president of Ecopetrol (NYSE: EC), spilled into its boardroom. However, the Board of Directors has ratified his position.
A political control debate, scheduled for Ecopetrol’s President Ricardo Roa and the company’s board of directors to discuss the current state of the oil company, was notably missing its key participants.
An oil storage tank belonging to Ocensa, a subsidiary of Ecopetrol (NYSE: EC), exploded in the town of Tauramena, Casanare, Colombia.
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