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Eye on Ecopetrol

Ecopetrol reverses on Crownrock

Ecopetrol (NYSE: EC) decided not to pick up its option on CrownRock, a subsidiary of Occidental Petroleum Corp (NYSE: OXY).

Thursday, August 8th, 2024
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Fitch affirms ECP’s national ratings

Fitch Ratings affirmed the long-term and short-term national ratings of Ecopetrol S.A. (Ecopetrol) at ‘AAA (col)’ with a Stable Outlook and ‘F1+(col)’, respectively.

Wednesday, August 7th, 2024
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World’s deepest offshore well

The oil industry is pushing the boundaries of offshore exploration with plans to drill a record-breaking well in Colombia’s deep waters within the next few months.

Wednesday, August 7th, 2024
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Ecopetrol board meets with USO

Ecopetrol (NYSE: EC) recently held its first-ever meeting with the USO Colombia union, a significant labor movement representing 25,000 workers in Colombia’s energy sector since 1923.

Tuesday, July 30th, 2024
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The “Petro Effect” … but getting weaker?

The “Petro Effect” … but getting weaker?

Our index of the share prices of Colombia-focused, publicly traded companies still lies well below where it was on May 1st, 2022 when the prospect of a Gustavo Petro presidency seemed distant. But there has been some improvement in the last quarter or so.

Monday, July 29th, 2024
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Alternatives to address gas deficit

Alternatives to address gas deficit

Ecopetrol (NYSE: EC) is making strides with its 2024-2034 roadmap, aimed at ensuring a reliable supply of natural gas to over 40 million Colombians.

Thursday, July 25th, 2024
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Major maintenance at Reficar

Ecopetrol (NYSE: EC) announced a huge investment in maintenance at Reficar.

Thursday, July 25th, 2024
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Roa interview

Ricardo Roa Barragán, CEO of Ecopetrol (NYSE: EC), recently discussed the company’s strategy to address the looming natural gas deficit projected for 2025 and 2026.

Wednesday, July 24th, 2024
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ECP in talks to buy stake in CrownRock

Ecopetrol (NYSE: ECP) announced that it is in discussions with Occidental Petroleum (NYSE: OXY) to potentially acquire a 30% stake in CrownRock.

Tuesday, July 23rd, 2024
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Ecopetrol bets on EVs

Ecopetrol (NYSE: EC) unveiled the initial outcomes of its decarbonization strategy.

Tuesday, July 16th, 2024
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