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USO says government will illegally keep fuel prices high

Colombians will not see a drop in prices at the pump for gasoline and diesel since politicians will tack on excess taxes to compete for lost oil fiscal revenue, which the union says is illegal.

Monday, December 8th, 2014
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Rumors swirl on Ecopetrol management change

With only days before the next meeting of Ecopetrol’s (NYSE:EC) board of directors, rumors abound that current president Javier Gutiérrez is on his way out, but who would replace him?

Monday, December 8th, 2014
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ACP breaks from business sector on tax reform

The Colombian Petroleum Association (ACP) broke ranks with other business association on an ongoing negotiation on tax reforms over the impact of the CREE surcharge, which ACP president Francisco Lloreda said will lead to a long term impact on E&P activities.

Monday, December 8th, 2014
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Peace Process week of November 1: Talks move on, with doubts

Army General Rubén Darío Alzate is back at home and after a few speed bumps, the talks will restart on December 10th. But the incident has left a scar on the talks, and questions persist about how the commander became the first general to fall into the hands of the Farc.

Thursday, December 4th, 2014
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Ecopetrol discovers gas on off shore Tayrona block

Ecopetrol (NYSE:EC) says that it has made a discovery of an accumulation of natural gas at its Orca-1 well in the offshore Tayrona block, the first discovery in the deep waters of the Colombian Caribbean.

Thursday, December 4th, 2014
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Ecopetrol says 90% of contractor hires are local workers

Ecopetrol says 90% of contractor hires are local workers

Ecopetrol (NYSE:EC) announced hiring trends of its contractors over the last three months, and said that of the nearly 30,000 posts generated, 90% of them went to local labor.

Thursday, December 4th, 2014
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