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Eye on Ecopetrol

Roa on ECP’s failed deal with OXY

Ricardo Roa Barragán, President of Ecopetrol (NYSE: EC), provided new insights into the collapsed negotiations with Occidental Petroleum (NYSE: OXY) that aimed to acquire a significant stake in CrownRock, a company engaged in fracking in the US.

Tuesday, August 20th, 2024
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ECP’s paradoxical move

As Colombia braces for a looming natural gas deficit by 2025, Ecopetrol (NYSE: EC) explored a controversial solution: importing natural gas produced through fracking from the US.

Monday, August 19th, 2024
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Ecopetrol’s path to self-destruction

In recent months, Colombia’s state-owned oil giant, Ecopetrol (NYSE: EC), has been at the center of a growing controversy, following decisions that analysts fear could lead to its demise.

Thursday, August 15th, 2024
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ECP’s 2Q24 results

ECP’s 2Q24 results

Ecopetrol (NYSE: EC) announced its second quarter 2024 results, with a continued decrease in key metrics.

Wednesday, August 14th, 2024
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Oxy comments on ECP’s missed opportunity

Ecopetrol (NYSE: EC) is facing increasing scrutiny following a controversial decision by its Board of Directors to pass on a significant investment opportunity in the US.

Wednesday, August 14th, 2024
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Gas discovery extension

Ecopetrol (NYSE: EC) announced that the Uchuva-2 well has confirmed the extension of a gas discovery made in 2022 with the drilling of the Uchuva-1 well.

Wednesday, August 14th, 2024
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Ecopetrol reverses on Crownrock

Ecopetrol (NYSE: EC) decided not to pick up its option on CrownRock, a subsidiary of Occidental Petroleum Corp (NYSE: OXY).

Thursday, August 8th, 2024
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Fitch affirms ECP’s national ratings

Fitch Ratings affirmed the long-term and short-term national ratings of Ecopetrol S.A. (Ecopetrol) at ‘AAA (col)’ with a Stable Outlook and ‘F1+(col)’, respectively.

Wednesday, August 7th, 2024
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World’s deepest offshore well

The oil industry is pushing the boundaries of offshore exploration with plans to drill a record-breaking well in Colombia’s deep waters within the next few months.

Wednesday, August 7th, 2024
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Ecopetrol board meets with USO

Ecopetrol (NYSE: EC) recently held its first-ever meeting with the USO Colombia union, a significant labor movement representing 25,000 workers in Colombia’s energy sector since 1923.

Tuesday, July 30th, 2024
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