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Petro urges ECP’s shift to clean energy

Colombian President Gustavo Petro emphasized the urgent need for Ecopetrol (NYSE: EC) to transition to clean energy.

Monday, March 11th, 2024
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Board dispute emerges at Ecopetrol

In a race against time, Ecopetrol (NYSE: EC) finds itself entangled in a tug-of-war over the government’s latest slate of candidates for its board of directors.

Monday, March 11th, 2024
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Reficar’s debt settlement

In the wake of the restructuring process initiated on September 8, 2023, by CB&I UK Limited, a subsidiary of McDermott International Ltd., in the UK, Refinería de Cartagena (Reficar), a subsidiary of Ecopetrol (NYSE: EC), received notification of a UK court’s decision approving CB&I’s financial restructuring plan.

Monday, March 11th, 2024
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Sometimes it is what it is

Sometimes it is what it is

The company, MinHacienda and those sympathetic to the government quickly blamed Ecopetrol’s 43% drop in Net Income in 2023 on oil prices. Petro attributed it to the end of fossil fuels. The opposition blamed government mismanagement. Who is right or perhaps, what is the right balance between the various partial explanations?

Sunday, March 10th, 2024
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Gas deficit will start in 2025: Roa

Gas deficit will start in 2025: Roa

Ricardo Roa, President of Ecopetrol (NYSE: EC), reiterated concerns about Colombia’s short-term gas deficit and discussed potential solutions, including the possibility of importing gas from Venezuela.

Thursday, March 7th, 2024
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Uchuva 2 well drilling

Ecopetrol (NYSE: EC) is gearing up for a new venture to further explore the natural gas potential in the Caribbean Sea.

Thursday, March 7th, 2024
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