Ecopetrol (NYSE: EC) continues to develop exploration activities in Colombia and it seems like the strategy is on the right track. The NOC announced a new discovery in the department of Cundinamarca.
Colombia’s Federation of Insurers (Fasecolda) presented a proposal to sell the government’s shares in Ecopetrol. The initiative was not free from controversy.
According to the NOC’s representatives, Ecopetrol (NYSE:EC) modified its management structure to align it with its current stage of growth and competitiveness.
CEO Felipe Bayón spoke about what he expects from the new Labor Agreement that it will soon negotiate with the USO.
The USO confirmed that a new list of demands for Ecopetrol (NYSE: EC) is ready, four years after the last Collective Labor Agreement was signed.
Ecopetrol (NYSE: EC) announced important news about the Infantas Oriente field, located in the municipality of Barrancabermeja in the department of Santander. This area is only 3km from the Cira-Infantas field and very close to the Barrancabermeja Refinery.
Ecopetrol (NYSE:EC) and Equion spoke about the development of successful programs in departments like Casanare and Putumayo, among others. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The government of Juan Manuel Santos is ending and the Ministry of Mines and Energy (MinMinas) delivered a report on the energy sector’s performance in the last eight years. Germán Arce Zapata, MinMinas, presented the results at an event in the municipality of Guapí, Cauca.
In recent years, the Coveñas Caño Limón pipeline has been the main target of illegal groups, especially the ELN. This year this important facility has suffered several attacks, affecting its normal operations and Ecopetrol (NYSE: EC) is working to repair the damage.
Current oil prices have generated many expectations in the oil sector to recover the ground lost during the last years. Companies have announced several investments and Ecopetrol (NYSE: EC) has big plans in this area.