Ecopetrol (NYSE:EC) confirmed that it will resume some of its activities at the Tibú field and in the Sardinata Plant, after 42 days of protests.
Ecopetrol’s (NYSE: EC) CEO, Felipe Bayón, spoke about the ongoing legal process to give fracking the ‘green light’. Here are the details.
The oil sector has shown a slight recovery in the country, driven mainly by the growth in oil prices. However, shares of some companies such as Ecopetrol (NYSE: EC) have not had as positive a response.
Four French drones known as the ‘sea explorers’ will be used by Ecopetrol (NYSE: EC) to study the Caribbean Sea.
Oleoducto de Colombia (ODC), which transports crude throughout the country, said it is ready to transport the additional oil that Ecopetrol (NYSE:EC) would produce, if the government decides to bet on fracking.
The idea of selling 8.5% of Ecopetrol’s (NYSE:EC) shares has caused controversy with economists and politicians. How is this project advancing in the Congress?
The NOC published results for its local hiring in 2Q19, confirming positive results.
CEO Felipe Bayón took the stage of Colombia’s Entrepreneur Association’s (ANDI) 75th Assembly, where he spoke about the NOC’s plans for the coming years.
Ecopetrol (NYSE:EC) published its 2Q19 and 1H19 financial results and that allowed us to update our ECP Line-of-Business (LoB) charts, something we had not done since March (based on 2018 full-year results). The Transport LoB produces less EBITDA in volume than E&P but margins continue to rise.
The Colombian government wants to boost the growth of the oil sector and the Caribbean is positioned as one of the most attractive regions to develop new offshore projects. Ecopetrol (NYSE: EC) talked about investors’ interest in this area.