Ecopetrol (NYSE: EC) had a great year when it comes to oil and gas discoveries. The NOC announced positive news on this issue nationally and internationally.
Ecopetrol (NYSE: EC) published a didactic document, titled “The 10 Things we Should Know about Fracking.”
The NOC announced its investments for science and technology, aimed at increasing Colombia’s competitiveness, and locals’ quality of life in rural areas.
The NOC will start developing Fracking Research Pilot Projects (PPII) by the end of next year, CEO Felipe Bayón said.
Ecopetrol’s 9-month results to September 2019 show that, once again, the Transport Line-of-Business (LOB) has compensated for lower oil prices and poorer margins in the Refining LOB. Ecopetrol (NYSE:EC)
Ecopetrol (NYSE: EC) started an international expansion campaign, and unconventional projects have played a key role in this process. The NOC spoke about its achievements in the US.
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.
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