Companies in the oil sector continue to announce their social responsibility programs to protect and help the environment. Ecopetrol (NYSE: EC) talked about a beach care project.
Ecopetrol (NYSE: EC) announced that it will develop a drill to be able to respond to potential emergencies at its Cupiagua field in a timely manner way.
The Colombian stock market has had a very hectic year, and experts analyzed buyers’ preferred actions, highlighting positive results for Ecopetrol (NYSE: EC).
Ecopetrol (NYSE: EC) announced that it will soon develop projects in the US, following its regional expansion plan.
Malaysia’s Petronas might work with Ecopetrol (NYSE:EC) in offshore projects in the Caribbean.
Colombia is experiencing a boom in renewable energy projects and several sectors have joined this initiative. The oil sector has not been the exception, and Ecopetrol (NYSE: EC) announced its plan to increase its energy generation projects.
Locals in Tauramena (Casanare) voted against the development of oil activities in their territory. The State Council and Casanare’s Administrative Court, however, denied the validity of the popular consultation.
The NOC confirmed that it discovered crude in the Flamencos-1 well, located in Puerto Wilches (Santander).
Ecopetrol (NYSE: EC) started developing three blocks together with Anadarko (NYSE: APC), which returned the operation of these assets. The NOC is now looking for new partners for to develop the areas.
The government said that it is considering selling some of the Nation’s assets to finance the fiscal gap and part of next year’s budget. This document, however, might change authorities’ plans.
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