The Minister of Mines and Energy (MinEnergia), María Fernanda Suárez, spoke about fracking regulations, and gave dates for the start of fracking pilot projects.
The Ministry of Finance (MinHacienda) asked Ecopetrol (NYSE: EC) for more money.
Ecopetrol (NYSE: EC) decided to leave Hocol in charge of a very important segment for the future of its business group.
The NOC will invest up to US$140M for the evaluation and development of Fracking Research Pilot Projects (PPII), CEO Felipe Bayón said.
Ecopetrol (NYSE: EC) started an international expansion campaign in countries like the US, Mexico and Brazil. The NOC announced positive results.
Ecopetrol’s subsidiary, Hocol, confirmed that it bought Chevron’s (NYSE: CVX) participation in two gas fields in the Caribbean region.
The company announced its investment budget for next year. Ecopetrol (NYSE: EC) aims to start developing Fracking Pilot Research Projects (PPII) next year.
Ecopetrol (NYSE: EC) reported its export metrics for the third quarter of 2019. This metric is changing, and the Asian market turned into the main destination for Colombian crude.
The Ministry of Environment (MinAmbiente) confirmed that it will clean 300 hectares of the San Silvestre swamp in the first six months of 2020, thanks to Ecopetrol’s (NYSE: EC) help. The development of these and more stories in our periodic Eco summary.
Ecopetrol (NYSE: EC) has reported positive operational and financial results, with cash flow as one of its best performing metrics in recent years. CEO Felipe Bayon spoke on the matter.
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