Colombia wants to continue taking advantage of its oil potential, even though this generates much controversy due to its environmental impacts.
Communities have complained that royalties’ resources are not visible in their territories, but Ecopetrol (NYSE: EC) plans to change that through the Works for Taxes model.
Ecopetrol (NYSE: EC) lost the recommendation to buy its shares about a year ago, but the NOC received good news on this issue recently. Analysts talked about the situation of the company.
Ministry of Finance (MinHacienda) Alberto Carrasquilla said that the government is analyzing the option of developing an oil hedge program at the end of the year. Ecopetrol’s (NYSE: EC) CEO, Felipe Bayón, spoke on the matter.
CEO Felipe Bayón spoke about Ecopetrol’s (NYS:EC) positive financial results during the first quarter of the year.
It has been a month since Ecopetrol’s (NYSE:EC) new Board of Directors took office. Here is what the USO has to say about its performance.
Ecopetrol (NYSE: EC) announced its first quarter 2019 results. The NOC reported good financial performance, despite lower Brent price in this period compared to 1Q18. The firm reported solid operating results as well.
Ecopetrol (NYSE:EC) transports nearly 15mmbl of diesel, gasoline and propane through the Magdalena river every year. This is the company’s plan to recover its navigability.
Ecopetrol (NYSE: EC) announced a “reinforcement” for its 2019-2021 investment budget, thanks to the better oil price environment and its current operational and financial strength.
Ecopetrol (NYSE: EC) published data on the service contracts in Middle Magdalena during 2018. Local suppliers played an important role in this matter.