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Echeverry says more austerity measures coming, but no mass layoffs

Ecopetrol (NYSE:EC) president Juan Carlos Echeverry says that the NOC has more austerity measures coming, but that thus far there are no mass layoffs planned. He also said fracking must continue to be an option.

Thursday, April 16th, 2015
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Peace Process week of April 13: Back to arms

After a Farc attack on an army patrol left 11 dead, President Juan Manuel Santos ordered the armed forces to resume their attacks and operations against the guerrilla.

Thursday, April 16th, 2015
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PRE shifts its strategy

PRE shifts its strategy

In order to lower its costs in the current oil price scenario, Pacific Rubiales Energy (TSX:PRE) is taking measures to get better value out of its light and medium crude and sell at a higher price.

Thursday, April 16th, 2015
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Natural gas market manager makes a showing

The Bolsa Mercantil de Colombia (BMC) held its official launch to mark its role as the “Amazon” of the natural gas market. No mention was made of the political forces who have been successful in circumventing the open market when it comes to pricing.

Thursday, April 16th, 2015
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Where is the gas coming from?

Where is the gas coming from?

Yesterday we asked where Colombia’s supply of gas was coming from and today’s graph gives a hint.

Wednesday, April 15th, 2015
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CSR Summary: Ecopetrol Villavicencio investments, better coffee

Ecopetrol releases a summary of its investment projects in Villavicencio and Meta, and also invests in helping local coffee producers make a better cup of joe. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.

Wednesday, April 15th, 2015
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