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After 30 years, Cusiana heading back to Ecopetrol

After 30 years, Cusiana heading back to Ecopetrol

The other major reversion (besides Rubiales), Ecopetrol (NYSE:EC) is set to receive the Cusiana field on July 4th, after the end of the Tauramena association contract, signed originally between BP (NYSE:BP) and Ecopetrol in 1986.

Tuesday, June 28th, 2016
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CSR Summary: Equion bids farewell to Tauramena

Equion Energy held a farewell activity as it closes its contract for the Cusiana field and thanks the community and authorities. But in Nunchía, blockades at its Floreña I well have it close to suspending operations. These and other Corporate Social Responsibility (CSR) related stories in our periodic summary.

Tuesday, June 28th, 2016
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Accusations against Terpel in fuel retail market

Accusations of unfair competition, of a monopoly and aggressive tactics against family-owned fuel stations have made press, with a particular emphasis on Terpel, which critics say has crossed a line as a wholesaler and retailer.

Tuesday, June 28th, 2016
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Ecopetrol launches 2016 Round

Ecopetrol launches 2016 Round

Ecopetrol (NYSE:EC) has made good on promises to sell off its non-core assets, and has announced a ‘2016 Field Round’ in which it is auctioning 20 assets to the oil & gas industry.

Monday, June 27th, 2016
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Ecopetrol’s Ronda 2016: Vital Statistics

Ecopetrol’s Ronda 2016: Vital Statistics

Last week Ecopetrol (NYSE:EC) announced its long-anticipated ‘Ronda 2016’, putting 100% of the NOC’s participation in 20 areas up for sale (bundled into 17 so-called opportunities).

Monday, June 27th, 2016
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USO welcomes ceasefire agreement

The USO welcomed the “historic and transcendental” agreement between the Farc and the national government, which it says creates a commitment for the Farc to laydown arms, but also for the state to recognize their status as a political movement. And the union’s ‘fiesta’ ahead of the Rubiales reversion continues.

Monday, June 27th, 2016
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