Tag: Ecopetrol
Ecopetrol Announces Redemption Of International Bond Issued In 2009
(Ecopetrol, 27.Nov.2018) — Ecopetrol S.A. provided a Notice of Redemption to the Noteholders of its 7.625% Notes due 2019 issued on July 23, 2009 in […]
Ecopetrol Eyes Investments Of $3.5-$4 Billion In 2019
(Ecopetrol, 27.Nov.2018) — Ecopetrol S.A. reported that in 2019 the Ecopetrol Business Group (GEE) expects to invest between $3.5 and $4billion, up 16% to 33% […]
Ecopetrol Reveals Highlights Of Investment Plan 2019
(Ecopetrol, 27.Nov.2018) —The Ecopetrol Business Group (GEE) expects investment in 2019 of $3.5 billion to $4 billion, up 16% to 33% over the projected 2018 […]
Ecopetrol Activates Contingency Plans In Cedeño District
(Energy Analytics Institute, Piero Stewart, 11.Nov.2018) — Ecopetrol announced it has activated contingency plans after a new attack on the Caño Limón-Coveñas pipeline located in […]
Colombia’s Cano Limon Pipeline Hit By New Bomb Attack
(Reuters, 10.Nov.2018) — Colombia’s state-run oil company Ecopetrol said on Saturday it was mounting another cleanup operation after a bomb attack on the Cano Limon […]
New Attack On Colombia’s Caño Limón-Coveñas Pipeline
(Energy Analytics Institute, Aaron Simonsky, 8.Nov.2018) — Colombia’s state oil company Ecopetrol revealed video coverage of the most recent attack on the company’s Caño Limón-Coveñas […]
Frontera Energy Announces 3Q:18 Ops, Financial Results
(Frontera Energy, 7.Nov.2018) — Frontera Energy Corporation released its Interim Condensed Consolidated Financial Statements for the third quarter of 2018, together with its Management, Discussion […]
Ecopetrol Attends Oil Spill In Tibú River
(Energy Analytics Institute, Aaron Simonsky, 5.Nov.2018) — Colombia’s state oil company Ecopetrol installed a series of barriers in a rural area of the Tibú municipality […]
Ecopetrol Could Invest $3-3.5 Bln In 2019, Same As This Year
(Reuters, 1.Nov.2018) — Colombian state-run oil company Ecopetrol will likely invest between $3 billion and $3.5 billion in 2019, the same figure as forecast for […]
Ecopetrol Boasts 67% Exploration Success Rate To-date In 2018
(Energy Analytics Institute, Piero Stewart, 1.Nov.2018) — Colombia’s state oil company Ecopetrol is boasting a 67% exploration success rate based on six completed wells thus […]
Ecopetrol Business Group Reports 3Q:18, Year-To-Date 2018 Results
(Ecopetrol S.A., 31.Oct.2018) — Ecopetrol S.A. announced the Business Group’s financial results for the third quarter and year-to-date 2018, prepared in accordance with International Financial […]
Ecopetrol Profit Nearly Triples On Oil Price Boost
(Reuters, Julia Symmes Cobb, 31.Oct.2018) — Ecopetrol, Colombia’s state-run oil company, said on Wednesday its third-quarter net profit rose to 2.77 trillion pesos ($866.5 million), […]
Colombia Plans Mexico-Style Oil Hedge After Recent Volatility
(Bloomberg, Matthew Bristow, 31.Oct.2018) — Colombia is planning to hedge its oil exports to protect the government from the violent swings in revenue it suffered […]
Colombia’s Ecopetrol Advances With Fracking Plans, Seeks License
(Energy Analytics Institute, Piero Stewart, 30.Oct.2018) — Colombia’s state oil company Ecopetrol has requested an environmental license over an area where it plans to begin […]
Ecopetrol Seeks License To Start Fracking Tests In Colombia
(Reuters, Luis Jaime Acosta, 29.Oct.2018) — Colombia’s state oil company Ecopetrol has requested an environmental license to launch a pilot plan to explore for crude […]
Caño Limón-Coveñas Has Suffered 1,470 Attacks In Ten-Plus Years
(Energy Analytics Institute, Piero Stewart, 27.Oct.2018) — Throughout its history, the Caño Limón-Coveñas pipeline in Colombia has suffered an estimated 1,470 attacks and has been […]
Ecopetrol Announces Timing Of 3Q:18 Earnings Report, Conference Call
(Ecopetrol, 25.Oct.2018) — Ecopetrol S.A. announces that on October 31st, 2018 after market close, it will release its financial and operating results for the third […]
Ecopetrol Cleans Spill After Bomb Attack On Cano Limon Pipeline
(Reuters, 25.Oct.2018) — Colombia’s state-run oil company Ecopetrol is carrying out a clean-up operation after a bomb attack on the Cano Limon pipeline spilled crude […]
Ecopetrol: Fracking Likely In Colombia, Business Prospects Are Positive
(Seeking Alpha, Dylan Quintilone, 14.Sep.2018) — Ecopetrol SA is a Colombian oil and gas company with headquarters in Bogotá, Colombia. The company is listed by […]
Ecopetrol Gets Approval for Contingent Credit Line for $665 Million
(Ecopetrol S.A., 10.Sep.2018) — Ecopetrol S.A. announced that as part of its integral debt management strategy, it will sign a contingent line of credit for […]
Ecopetrol to Focus Spending on Drilling: CEO
(Reuters, Devika Krishna Kumar, 24.Aug.2018) — Colombia’s state-run oil company Ecopetrol SA will focus spending for the rest of the year on increased drilling activity […]
Ecopetrol Cuts Planned 2018 Spending To $3-$3.5 Bln
(Reuters, Nelson Bocanegra & Julia Symmes Cobb, 15.Aug.2018) – Colombia’s state-run oil company Ecopetrol said it will invest $3 billion to $3.5 billion during 2018, […]
Ecopetrol Announces 2Q:18 Earnings, Conference Call
(Ecopetrol, 9.Aug.2018) – Ecopetrol S.A. announced that on August 14, 2018 after market close, it will release its financial and operating results for the second […]
Ecopetrol Names New Corporate VP Of Finance
(Ecopetrol, 8.Aug.2018) — Ecopetrol S.A. announces that as of 7 August 2018, Jaime Caballero Uribe has been appointed the new Corporate Vice President of Finance […]
Ecopetrol Names New Corporate VP of Finance
(Ecopetrol, 8.Aug.2018) – Ecopetrol S.A. announced appointment of Jaime Caballero Uribe as the new Corporate Vice President of Finance (Chief Financial Officer). The appointment is […]
Ecopetrol Reports Resignation of María Fernanda Suárez
(Energy Analytics Institute, Piero Stewart, 6.Aug.2018) – María Fernanda Suárez has resigned from Ecopetrol. The state oil company announced in an official statement that the […]
Frontera Announces Second Quarter 2018 Results
(Frontera Energy Corporation, 3.Aug.2018) – Frontera Energy Corporation released its Interim Condensed Consolidated Financial Statements for the second quarter of 2018, together with its Management, […]
Ecopetrol Announces Changes to Management Structure
(Ecopetrol, 31.Jul.2018) – Ecopetrol S.A. reports that at its session on July 27, 2018, Ecopetrol’s Board of Directors approved adjustments to the company’s management structure […]
Colombia Must Boost Investments 55% to Maintain Output
(Energy Analytics Institute, Piero Stewart, 27.Jul.2018) – The South American country needs to boost investments from an projected $4.5 billion in 2018 to a level […]
Moody’s Upgrades Ecopetrol Rating
(Energy Analytics Institute, Piero Stewart, 18.Jul.2018) – The risk-rating agency Moody’s increased the baseline credit assessment (BCA) two notches, to ba1 from ba3 for Colombia’s […]
Duque Names Maria Fernanda Suarez Energy Minister
(Reuters, 18.Jul.2018) – Colombia’s President-elect Ivan Duque on Wednesday named Maria Fernanda Suarez as mining and energy minister when he takes office in August, a […]
Colombia Names New Mining Minister
(Energy Analytics Institute, Piero Stewart, 18.Jul.2018) – Colombia’s President elect Iván Duque named Ecopetrol Executive Vice President María Fernanda Suárez as the country’s new mining […]
Cano Limon-Covenas Pipeline Restarts After 180 Days
(Reuters, 17.Jul.2018) – Pumping through the Colombia’s Cano Limon-Covenas oil pipeline restarted after a 180-day stoppage due to repeated attacks by Marxist ELN rebels, military […]
Colombia’s Cano Limon Pipeline Restarts
(Seeking Alpha, Carl Surran, 17.Jul.2018) – Colombia’s Cano Limon-Covenas pipeline has resumed pumping oil after a 180-day stoppage due to repeated attacks by Marxist ELN […]
Ecopetrol to Operate Dina Gas Plant
(Energy Analytics Institute, Piero Stewart, 8.Jul.2018) – The gas plant has treatment capacity of 10 million cubic feet per day (MMcf/d) of natural gas. Ecopetrol […]
Ecopetrol to Prepay Loan of COP$ 1.4 Tln
(Energy Analytics Institute, Piero Stewart, 6.Jul.2018) – Colombia’s state oil company Ecopetrol will prepay the entire syndicated loan it entered into in 2013 with local […]
Ecopetrol Finds New Oil in Cundinamarca
(Energy Analytics Institute, Piero Stewart, 5.Jul.2018) – A find at the Búfalo-1 well confirmed the presence of oil in the Valle Medio del Magdalena, located […]
Pipeline Releases 125 Bbls into Magdalena River
(Energy Analytics Institute, Ian Silverman, 30.Jun.2018) – Ecopetrol announced an oil spill of 125 barrels into the Magdalena River. The spill occurred while repair activities […]
Ecopetrol Director to Divest of Shares
(Energy Analytics Institute, Ian Silverman, 28.Jun.2018) – Authorization has been granted to a director to sell shares of Ecopetrol S.A. The Board of Directors of […]
S&P Affirms Ecopetrol Rating
(Energy Analytics Institute, Ian Silverman, 28.Jun.2018) – The rating agency affirmed the investment rating for Ecopetrol, S.A. Standard & Poor’s kept Ecopetrol’s long-term international rating […]
Ecopetrol Files Collective Labor Claim
(Energy Analytics Institute, Ian Silverman, 28.Jun.2018) – Colombia’s state oil company has filed a collective labor agreement claim with the Ministry of Labor. As prescribed […]
Ecopetrol to Prepay $156 Mln in Loans
(Energy Analytics Institute, Ian Silverman, 20.Jun.2018) – Colombia’s state oil company Ecopetrol S.A. announced it will prepay all loans entered into in 2013 with international […]
Colombia Produced 865,987 B/D in May 2018
(Finance Colombia, Jared Wade, 14.Jun.2018) –Colombia produced an average of 865,987 barrels of oil per day in May, an uptick of 1.6% over May 2017 […]
Ecopetrol to Invest COL$94.5 Bln on Infrastructure
(Energy Analytics Institute, Jared Yamin, 28.May.2018) ‐- Ecopetrol plans to invest a total of COL$94.5 billion Colombian pesos on infrastructure and education. The funds for […]
Ecopetrol Says Tibú Field Affected by Continued Sabotage
(Energy Analytics Institute, Jared Yamin, 27.May.2018) ‐- Thefts of elements from producing wells coupled with infrastructure sabotage at the Tibú field in the municipality by […]
Ecopetrol to Initiate Drilling of 19 Wells in Akacías
(Energy Analytics Institute, Ian Silverman, 24.May.2018) – Ecopetrol and Talisman Colombia Oil & Gas (TCOG), a company of Repsol group, plan to initiate drilling of […]
Ecopetrol Plans Social Investments of 1.3 Bln Pesos in Meta
(Energy Analytics Institute, Ian Silverman, 24.May.2018) – Colombia’s state oil company Ecopetrol announced plans to make social investments of 1.3 billion Colombian pesos in Meta […]
Fire at Barrancabermeja HDT Plant Controlled
(Energy Analytics Institute, Aaron Simonsky, 21.May.2018) – Colombia’s state oil company Ecopetrol announced that it has controlled a fire at the HDT plant of the […]