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ECP has a good year – except for refining

ECP has a good year – except for refining

Ecopetrol published its results this past week and CEO Felipe Bayón was rightly trumpeting the NOC’s earnings for their contribution to the nation’s coffers. But hidden in the results presentation was worsening margins in the Refining Line-of-Business (LoB).

Monday, March 11th, 2019
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MinMinas and ANH making noise

We are not at a milestone like ‘100 days’ or ‘six months’ but a lot has happened in the past month from a policy perspective so I thought I should write about it.

Monday, March 11th, 2019
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Parex 4Q18 results

Parex 4Q18 results

Parex (TSX: PXT) announced its financial and operating results for the fourth quarter and year ended 2018. The firm reported oil production growth and good financial performance. Parex announced its guidance for 2019.

Thursday, March 7th, 2019
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Bayón on ECP shares

Alberto Carrasquilla, Minister of Finance (MinHacienda), proposed selling a portion of the State’s Ecopetrol (NYSE: EC) shares to private investors, generating much discussion in the country. Felipe Bayón, CEO of ECP, spoke on this topic and other relevant matters.

Thursday, March 7th, 2019
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Works for Taxes: so far so good

The Works for Taxes modality was first introduced to the country through the fiscal reform of 2016. What has happened since?

Thursday, March 7th, 2019
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Biofuels mix controversy

The National Biofuels Federation supported the initiative of increasing the amount of biodiesel in the fuel mix, but for transport Association, Andemos, the measure will end up affecting their engines.

Thursday, March 7th, 2019
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