Ecopetrol (NYSE: EC) has reported good financial performance in recent years, generating expectations about new investment in oil projects in the country. Felipe Bayón, CEO of ECP, spoke about key issues such as dividends, cash generation, and the firm plans in coming years.
A few weeks ago, the Colombian government, through the Ministry of Finance (MinHacienda), proposed selling part of the country’s shares in Ecopetrol (NYSE: EC). Experts and government representatives continue to discuss this alternative.
The development of pilot fracking projects has generated much discussions in the country. Ecopetrol (NYSE: EC) is continuing to prepare for these projects and announced a new organization specialized in these issues.
Ecopetrol’s (NYSE:EC) Felipe Bayón said that the NOC is currently studying the viability of developing more offshore exploratory fields.
Ecopetrol (NYSE:EC) was able to start clean up activities in Teorama (Norte de Santander), after authorities reported another attack on Coveñas Caño Limon (CCL). The development of these and more stories in our periodic Eco summary.
Ecopetrol’s (NYSE:EC) Felipe Bayón said that the firm is working to accelerate the production of cleaner fuels, aimed at improving the air quality in Colombia.
Ecopetrol (NYSE: EC) and its transport subsidiary, Cenit, reported the recovery of an important archaeological cache in the Coffee Region, found during the construction of the Salgar-Cartago-Yumbo pipeline.
Ecopetrol (NYSE: EC) has several projects to develop in the country this year and pilot fracking projects are key to the firm. The NOC announced its plan on this issue.
Once again, the Analyst thought of some charts he really would have wanted to publish in last week’s article about the NOC’s Line of Business (LoB) results but did not think of until a few days later. We know. We will speak to him about that. But he is right, the graphs are interesting so we will publish them this week.
Colombia’s Chamber of Infrastructure (CCI) made a proposal for the resources the government could get by selling 8% of Ecopetrol’s (NYSE:EC) shares.