Ecopetrol (NYSE: EC) announced its first quarter 2025 results, with yet another decrease in key metrics.
This week a “potpourri” of varied, vaguely related small notes that, together, turn into a commentary on the state of the Colombian hydrocarbons industry.
In a statement that no doubt drove the stock price down even further, President Gustavo Petro announced that Colombia’s state oil company, Ecopetrol, is at risk of collapse.
Ecopetrol (NYSE: EC) announced that Colombia’s Ministry of Finance (MinHacienda) authorized the company to secure a US$500M external loan with Banco Santander.
Louis Gerard, Seeking Alpha columnist, wrote an article entitled “Ecopetrol is the victim of bad policies.”
Ecopetrol (NYSE: EC) announced key changes in its senior management following the most recent session of its Board of Directors held on April 23, 2025. The board approved three official appointments that will take effect on May 1, 2025.
Ecopetrol (NYSE: EC) confirmed that Shell is withdrawing from the COL-5, Purple Angel, and Fuerte Sur blocks located in the southern Colombian Caribbean.
Despite recent statements by President Gustavo Petro suggesting that natural gas prices should remain low, Ricardo Roa Barragán, President of Ecopetrol (NYSE: EC), delivered a more sobering message.
Ecopetrol (NYSE: EC) is facing serious financial challenges due to the recent plunge in global oil prices.
Ecopetrol (NYSE: EC) announced the launch of three new natural gas commercialization processes for 2024, reinforcing its commitment to long-term energy supply security in Colombia.