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Eye on Ecopetrol

ECP to resume operations in Tibú

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.

 

Monday, September 9th, 2019
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“A ‘No’ from the State Council would not close the door to fracking:” Bayón

Ecopetrol’s (NYSE: EC) CEO, Felipe Bayón, spoke about the ongoing legal process to give fracking the ‘green light’. Here are the details.

Thursday, September 5th, 2019
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Oil prices and ECP shares

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.

Monday, September 2nd, 2019
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Ecopetrol’s ‘sea explorers’

Four French drones known as the ‘sea explorers’ will be used by Ecopetrol (NYSE: EC) to study the Caribbean Sea.

 

Wednesday, August 28th, 2019
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“We are ready to transport the oil produced through fracking”: ODC

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.

 

Monday, August 26th, 2019
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Ecopetrol for sale? An update

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?

Wednesday, August 21st, 2019
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Ecopetrol’s local hiring

The NOC published results for its local hiring in 2Q19, confirming positive results.

Wednesday, August 21st, 2019
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Ecopetrol’s strategy

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.

Tuesday, August 20th, 2019
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Ecopetrol’s Transport business margin continues to grow

Ecopetrol’s Transport business margin continues to grow

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.

Monday, August 19th, 2019
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ECP alliances in the Caribbean

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.

 

Thursday, August 15th, 2019
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