(Energy Analytics Institute, 23.Sep.2020) — Colombia’s state oil company Ecopetrol announced launch of ‘Ronda Campos 2020’ with nine fields with aim to contribute to reactivation of the South American country’s...
(Reuters, 14.Sep.2020) — Colombian oil company Ecopetrol SA aims to drill a total 100 wells by end-2021 in the Permian Basin of West Texas as global oil prices recover, Chief...
(Ecopetrol, 14.Sep.2020) — Ecopetrol S.A. will prepay its short-term obligations with local and international banks entered into in March and April 2020, in the form of trade finance instruments and...
(Oilprice.com, 12.Aug.202) — The March 2020 oil price crash and COVID-19 pandemic has hit the global energy sector hard. In response oil companies are slashing capital spending, driving down costs...
(Petrobras, 11.Aug.2020) — Petrobras, following up on the release disclosed on 27 July 2020, regarding the sale of its entire stake in the exploratory portion of the Tayrona Block, located...
(Ecopetrol, 4.Aug.2020) — Ecopetrol S.A. announced today the Ecopetrol Group's financial results for the second quarter and the first half of 2020 and the update of the Business Plan 2020-2022....
(Ecopetrol, 3.Aug.2020) — Ecopetrol S.A. announces rating agency Moody's kept the Company's long-term international rating at Baa3, with stable outlook. Moody's highlighted the Company's strength as a leading firm in...
(Ecopetrol, 29.Jul.2020) — Ecopetrol S.A. announces that on 4 August 2020 before market opens, it will release its financial and operating results for the second quarter 2020, and its 2020-2022...
(Petrobras, 27.Jul.2020) — Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its entire stake in the exploratory portion of the Tayrona Block, located...
(Oilprice.com, 23.Jul.2020) — Sharply weaker oil prices, falling investment and dwindling oil production are weighing heavily on Colombia’s economic outlook. Last decade, the strife-torn Andean country bet its economic future...
(Ecopetrol, 17.Jul.2020) — Ecopetrol S.A. informs that the Board of Directors approved a new organic investment plan for the Ecopetrol Group (GE) for an estimated amount between $3 billion and...
(Energy Analytics Institute, 25.Jun.2020) — Colombia’s production of natural gas was 938.7 million cubic feet per day (MMcf/d) in May 2020, up 13.5% sequentially from 827 MMcf/d in April 2020,...
(Reuters, 21.May.2020) — Royal Dutch Shell has begun drilling the Saturn block in the Santos pre-salt basin, the company’s Brazil chief said on Thursday, adding that Brazil faces hurdles to...
(Motley Fool, 13.May.2020) — Executives with Colombia’s state oil company Ecopetrol conducted a first quarter of 2020 conference call with analyst. A full transcript of the call follows. Contents: Prepared...
(Energy Analytics Institute, Piero Stewart, 12.May.2020) — Fuel demand in Colombia has started to recover slightly while refinery loads at the Barrancabermeja are rising, according to comments from Ecopetrol President...
(Ecopetrol, 11.May.2020) — Ecopetrol S.A. announced the Ecopetrol Group's financial results for the first quarter of 2020, prepared in accordance with International Financial Reporting Standards (IFRS) applicable in Colombia. The...
(Argus, 11.May.2020) — Colombia's state-controlled Ecopetrol is exploring options to expand storage capacity in response to oil market oversupply and slumping demand caused by the Covid-19 pandemic. The company has...
(Reuters, 11.May.2020) — Colombia’s majority state-owned oil company, Ecopetrol, reported on Monday a 95% fall in first-quarter net profit, which came in at 133 billion pesos ($34.3 million), following a...
(Energy Analytics Institute, Piero Stewart, 5.May.2020) — Four Colombian pipelines have been attached at least 25 times to date in 2020, according to data revealed by the country’s state oil...
(Moody’s 24.Apr.2020) — Moody's Investors Service assigned a Baa3 rating to Ecopetrol S.A.'s proposed new global notes. The Baa3 rating on the proposed notes is based on the rating of...
(Ecopetrol, 22.Apr.2020) — Ecopetrol S.A. informs the ordinary General Shareholders’ Meeting, held on 7 March 2020, approved the earnings distribution proposal presented for their consideration, which establishes the distribution of...
(Ecopetrol, 20.Apr.2020) — Ecopetrol S.A. announced filing of its annual report under Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Securities and Exchange Commission (the...
(Energy Analytics Institute, Piero Stewart, 11.Apr.2020) — Colombia’s state oil company Ecopetrol was forced to halt work at its Barrancabermeja refinery due to the death of an employee due to...
(Bloomberg, 8.Apr.2020) — Outside of Saudi Arabia and Russia, most oil producers are racing to deal with the historic oil price collapse by cutting back spending and in some cases...
(Ecopetrol, 28.Mar.2020) — Ecopetrol S.A. informs that the ordinary General Shareholders' Meeting, held on March 27, 2020, approved the earnings distribution proposal presented for their consideration, which establishes the distribution...
(Ecopetrol, 25.Mar.2020) — In accordance with the authorizations and recommendations provided by the Colombian Financial Superintendence and the Superintendence of Companies, the President of Ecopetrol S.A. (the "Company") is permitted...
(Reuters, 24.Mar.2020) — A price war between the world's oil powerhouses is leaving many producers in Latin American struggling to cover production costs, boosting chances of output cuts and investment...
(Reuters, 20.Mar.2020) — Spot sales of Latin America's heavy crudes mostly dried up this week amid a demand contraction and steep slump in oil prices that left some heavy grades...
(Ecopetrol, 17.Mar.2020) — Ecopetrol S.A. informs that in an extraordinary session held on March 16, its Board of Directors adopted a set of actions to address the challenging market conditions,...
(Ecopetrol, 12.Mar.2020) — Ecopetrol S.A. published the release from its subordinate Bioenergy S.A.S, that together with Bioenergy Zona Franca S.A.S., were admitted in the reorganization process by the Superintendence of...
(Reuters, 2.Mar.2020) — Colombia’s state-run oil company Ecopetrol SA placed restrictions on business travel to all Asian and European countries on Monday in response to the coronavirus outbreak, its chief...
(Ecopetrol, 25.Feb.2020) — Ecopetrol S.A. announced the Business Group's 2019 fourth quarter and full-year financial results, prepared in accordance with International Financial Reporting Standards (IFRS) applicable in Colombia. he figures...
(Reuters, 20.Feb.2020) — Colombia's state-owned oil company Ecopetrol said an independent assessment found its proven reserves of oil and gas had increased 9.6% at the end of last year, equivalent...
(Ecopetrol, 18.Feb.2020) — Ecopetrol S.A. announces that on February 25, 2020 after market close, it will release its financial and operating results for the fourth quarter and full year 2019,...
(Ecopetrol, 7.Feb.2020) — Ecopetrol S.A. and Shell, through its subsidiary Shell EP Offshore Ventures Limited, signed an agreement whereby Shell will acquire a 50% stake in Fuerte Sur, Purple Angel...
(Ecopetrol, 3.Feb.2020) — Ecopetrol S.A. reports that having completed all legal and accounting analyses regarding the ruling issued by the Supreme Court of Justice dated October 30, 2019, reported by...
(Ecopetrol, 30.Jan.2020) — Ecopetrol has adhered to the Bank World-let initiative called "Zero Routine Flaring by 2030", whose goal is to eliminate the routine flaring of gas in the oil...
(Energy Analytics Institute, Piero Stewart, 11.Jan.2020) — Illegal valves were again detected stealing crude oil from the Caño Limón-Coveñas oil pipeline and subsequently produced an oil spill in Caño Veinte...
(ANH, 20.Dec.2019) — With 31 exploration and production (E&P) contracts subscribed and investment commitments of more than $2,714 million in 2019, the government of Colombia’s President Ivan Duque fulfills the...
(Energy Analytics Institute, Piero Stewart, 16.Dec.2019) — Colombia’s state oil company Ecopetrol announced plans to pay a $1.1 billion extraordinary dividend in December. The dividend of $89 Colombian pesos per...
(Forbes, Dylan Baddour, 10.Dec.2019) — As protesters continue to push demands in Colombia, the government here has asked its oil company, Ecopetrol S.A., for a billion-dollar dividend to cover its...
(Reuters, Oliver Griffin, 5.Dec.2019) — Companies including Canada’s Parex Resources and Ecopetrol SA won contracts to operate oil blocks in Colombia’s auction round on Thursday, as the Andean nation seeks...
(Ecopetrol, 3.Dec.2019) — Ecopetrol S.A. announced that the risk-rating agency Fitch Ratings has maintained the company's credit rating at BBB with negative outlook, and its stand-alone rating (without incorporating government...
(Ecopetrol, 28.Nov.2019 ) — In accordance to Colombian Corporate Law and Securities Regulations concerning illegal, unauthorized and unsafe practices by the issuers of securities, the Board of Directors of Ecopetrol...
(Ecopetrol, 25.Nov.2019) — Ecopetrol S.A. reported that in 2020 the Ecopetrol Group (GE) plans to invest an expected US$4.5 to US$5.5 billion, 25% to 53% higher than the estimated 2019...
(Ecopetrol, 13.Nov.2019) — Ecopetrol S.A. completed the joint venture transaction announced last July 31, 2019. Through this deal, the company and Occidental Petroleum Corp agreed to form a strategic alliance...
(Ecopetrol, 7.Nov.2019) — Ecopetrol reports that its US subsidiary, Ecopetrol America LLC, has participated in the drilling of the Esox-1 well under a Farmout Agreement with Chevron U.S.A. Inc. The...
(Ecopetrol, 6.Nov.2019) — Ecopetrol S.A. reports that, as mentioned in certain media and in searches on the Judiciary website, the Colombian Supreme Court of Justice has handed down a ruling...
(S&P Global Platts, 30.Oct.2019) — Colombia's state-controlled Ecopetrol is targeting 2020 production of 740,000-760,000 barrels of crude and equivalents per day, up to 4% more than expected average output this...
(Ecopetrol, 29.Oct.2019) — Ecopetrol S.A. announced the Ecopetrol Group's financial results for the third quarter and the first nine months of 2019, prepared in accordance with International Financial Reporting Standards...
(FT.com, Gideon Long, 28.Oct.2019) — Colombia’s proven oil reserves will run out within the next seven years and its gas reserves within 10. Faced with that bleak prospect, it needs...
(Ecopetrol, 21.Oct.2019) — Ecopetrol S.A. reports that its subsidiary Ecopetrol Óleo e Gás do Brasil Ltda has entered into an agreement with Shell Brasil Petróleo Ltda. to acquire 30% of...
(Reuters, 30.Sep.2019) — Fourteen companies have been officially approved by Brazilian authorities to participate in an oil bidding round in November, in which total signing bonuses are expected to be the...
(Reuters, Jessica Resnick-Ault, 25.Sep.2019) — Colombia’s state-run oil company Ecopetrol will be ready to start fracking pilot projects in the second half of 2020, chief executive Felipe Bayon said on...
(Reuters, 24.Sep.2019) — Four fracking pilot projects in Colombia could bring in $5 billion annually in investment once they are in the production phase, industry leaders said on Tuesday, as...
(Reuters, 10.Sep.2019) — Colombia’s top administrative court maintained a temporary moratorium on the use of fracking on Tuesday, stymieing potential pilot projects amid ongoing arguments in a wider case regarding...
(Cogencis, Sukalp Sharma, 20.Aug.2019) — ONGC Videsh Ltd plans to relinquish three exploratory blocks–RC-9, RC-10, and GUA OFF-2–in Colombia in the current financial year ending March due to adverse hydrocarbon...
(Reuters, 17.Aug.2019) — A bomb and two illegal valves have damaged sections of Colombia's Transandino pipeline, state-run oil company Ecopetrol said on Saturday. The two valves, installed to steal crude,...
(Ecopetrol 12.Aug.2019) — Ecopetrol S.A. announced the Ecopetrol Group's financial results for the second quarter of 2019, prepared in accordance with International Financial Reporting Standards applicable in Colombia. In words...
(Ecopetrol, 31.Jul.2019) — Ecopetrol S.A. announces that on August 1st, Ecopetrol's senior management will host two conference calls to review the joint venture with Occidental Petroleum Corporation to develop Occidental's...
(Ecopetrol, 31.Jul.2019) — Ecopetrol S.A. announced formation of a joint venture with Occidental Petroleum Corporation to develop 97,000 net acres of Occidental's Midland Basin properties in the Permian Basin. The...
(Ecopetrol, 30.Jul.2019) — Ecopetrol S.A. announces that the rating agency Moody's has kept the Company's long-term international rating at Baa3, with stable outlook. In its report, Moody's highlighted the Company's...
(Reuters, 26.Jul.2019) — Colombia’s state-run oil company Ecopetrol said on Friday it halted pumping on the Transandino pipeline after a bombing in southwestern Narino province. The attack did not produce...
(Ecopetrol, 18.Jul.2019) — Ecopetrol S.A. said the Ministry of Mines and Energy of Brazil has authorized the transfer of a 10% stake in the Saturno block, located in the Santos...
(OCCRP, 15.Jul.2019) — A Colombian judge requested on Friday the extradition of an American oil executive who is a suspect in one of the biggest corruption scandals in Colombia. Local...
(Ecopetrol, 11.Jul.2019) — Ecopetrol S.A. reports that the Boranda-2 ST well, located in Rionegro (Santander), has discovered the presence of crude in the Eoceno basal sands. The well was drilled...
(GeoPark, 27.Jun.2019) — GeoPark Limited announced the expansion of its portfolio in Colombia following the successful Agencia Nacional de Hidrocarburos (ANH) bid round in June 2019. GeoPark was awarded the...
(Reuters, 26.Jun.2019) — Colombia accepted bids from six companies for 10 oil contracts on Wednesday, after just one block received a counter-offer during a bidding process meant to revitalize its...
(ANH Colombia, 14.Jun.2019) — Colombia’s National Hydrocarbons Agency (ANH) reveals the initial proposals of the seven individual companies and the consortium that start the bid to stay with 11 area...
(Parex, 10.Jun.2019) — Parex Resources Inc. highlighted testing of the Capachos Block Andina Norte-1 well in the Guadalupe Formation. Source: Parex, May 2019 presentation Capachos (WI Parex 50%, Ecopetrol S.A...
(Energy Analytics Institute, Aaron Simonsky, 9.Jun.2019) — Heard on the street related to the Colombian upstream, midstream, downstream and renewable energies sectors. -- Colombia’s state oil company Ecopetrol plans to...
(Energy Analytics Institute, Piero Stewart, 7.Jun.2019) — Protesters in Colombia took to the streets across the Andean country on Friday 7 June to show their disagreement with the government of...
(Energy Analytics Institute, Piero Stewart, 7.Jun.2019) — Colombia’s state oil company Ecopetrol activated a contingency plan after the most recent attack on 7 June along the Caño Limón Coveñas near...
(Reuters, 4.Jun.2019) — Colombia’s state-run oil company Ecopetrol said late on Tuesday it closed the valves on a section of its Cano Limon pipeline in central Boyaca province after crude...
(Reuters, 4.Jun.2019) — Seven companies have put in bids for 11 oil exploration contracts in Colombia, the government said on Tuesday, as the Andean country seeks to revitalize its oil...
