(Reuters, 4.May.2018) â Ecopetrol, Colombia’s state-run oil company, said on Thursday that its first quarter net profit rose to 2.6 trillion pesos ($923.3 million), up […]
Tag: Ecopetrol
Ecopetrol Provides Update on Emergency in Tumaco
(Energy Analytics Institute, Jared Yamin, 2.May.2018) â Colombiaâs Ecopetrol published a brief update on emergency operations in Tumaco. In the area there are more than […]
Ecopetrol Reports Highest Net Income in Last 4 Years
(Energy Analytics Institute, Jared Yamin, 15.Apr.2018) â- During the first three months of 2018, Ecopetrol reported its highest quarterly net income in the last four […]
Colombia’s Attorney General to Investigate Ecopetrol Oil Spill
(Reuters, 3.Apr.2018) â Colombia’s attorney general’s office on Monday launched an investigation to determine whether officials from state-run oil company Ecopetrol could be held criminally […]
Expert Urges Faster Global Transition to Clean Energy
(Efe, 23.Mar.2018) â The world must accelerate its transition from a carbon-based to a clean energy-based economy to put the brakes on a climate catastrophe […]
SAExploration Signs Three Year Agreement With Hocol In Colombia
(SAExploration, 12.Apr.2017) â SAExploration Holdings, Inc. (SAE) announced the signing of a three year agreement with Hocol S.A. to be its provider of seismic acquisition […]
Venezuela Output To Fall 100-150 Mb/d in 2017
(Energy Analytics Institute, Piero Stewart, 26.Mar.2017) â An inability to boost foreign and domestic investments in Venezuelaâs oil sector in 2017 will result in further […]
Ecopetrolâs Annual General Shareholders’ Meeting
(Ecopetrol, 27.Feb.2017) â The Chief Executive Officer of Ecopetrol S.A. announced details of the Annual General Shareholders’ Meeting held on March 31, 2017 at the […]
Ecopetrol Auction Related to EEB Declared Void
(Ecopetrol S.A., 15.Feb.2017) â Ecopetrol S.A. reported results of the fourth auction corresponding to Stage Two of the Program to Transfer and Award its 28,465,035 […]
Ecopetrol Notice for Empresa de EnergĂa de Bogota
(Ecopetrol S.A., 8.Feb.2017) â Ecopetrol S.A. announced on February 8, 2017, as established in the Offering Notice of Second Stage, the company published the offering […]
Fitch Improves Ecopetrol’s Rating Outlook
(Fitch, 1.Jan.2017) â Ecopetrol S.A. reported that on March 14, 2017, rating agency Fitch Ratings improved the outlook for the company’s rating from a negative […]
Fitch Reaffirms Ecopetrol Investment Grade
(Ecopetrol, 12.Dec.2016) â Ecopetrol S.A. reported the risk rating agency Fitch Ratings kept the company at investment grade, with an international rating of BBB. Fitch […]
Ecopetrol Notice Regarding ISA Divestment Plan
(Ecopetrol, 10.Dec.2016) â Ecopetrol S.A. announced that on December 10, 2016, as established in the Offering Notice of Second Stage, the company published the offering […]
Venezuela to soon initiate gas shipments to Colombia
(Energy Analytics Institute, Piero Stewart, 4.Jul.2016) â Venezuela plans to soon initiate shipments of natural gas to Colombia, reported Venezuela’s new agency AVN, citing the […]
Ecopetrol Offers 20 Production Assets
(Ecopetrol S.A., 24.Jun.2016) â Ecopetrol S.A. announced that it launched ‘Ronda Campos 2016,’ a public and competitive bidding process, the objective of which is to […]
Ecopetrol Prices $500mn Debt Offering
(Ecopetrol, 10.Jun.2016) â Ecopetrol S.A. reports that, on 8 June 2016, based on the authorization granted by the Ministry of Finance and Public Credit (Resolution […]
Ecopetrol Successfully Prices Int’l Bond for $500 Mln
(Ecopetrol S.A. 10.Jun.2016) â Ecopetrol S.A. reports that, on June 8, 2016, based on the authorization granted by the Ministry of Finance and Public Credit […]
Fitch Rates Reopening of Ecopetrol Notes
(Fitch Ratings, 8.Jun.2018) â Fitch Ratings rates the $500 million reopening of Ecopetrol S.A.’s 5.875% notes due in 2023 ‘BBB’. The company expects to use […]
Ecopetrol Continues Hedge Accounting Policy
(Ecopetrol S.A., 7.Jun.2016) â Ecopetrol S.A. announced that its Board of Directors, in a session held on June 6, 2016, approved the implementation of “Hedge […]
Company Profile: Oleoducto Central S.A. (Ocensa)
(Moody’s, 4.Jun.2016) â Oleoducto Central S.A. (Ocensa) is the largest crude oil pipeline and the only public-use pipeline in Colombia. Its pipeline is ~845 km […]
Ecopetrol Equity Divestment Plan for EEB Shares
(Ecopetrol S.A. 2.Jun.2016) â Ecopetrol S.A. announced that on June 1, 2016, through the X-STREAM trading system of the Colombian Stock Exchange (Bolsa de Valores […]
Colombia Needs Investments of $7 Bln
(Energy Analytics Institute, Jared Yamin, 1.Jun.2016) â Colombia needs to invest an estimated $7 billion per year over a ten-year period or under to remain […]
Moody’s Confirms Ecopetrol Investment Rating
(Ecopetrol S.A. 10.May.206) â Ecopetrol S.A. announced that Moody’s Investors Service has maintained Ecopetrol’s credit rating at Baa3. This confirmation means that the company will […]
Moody’s Affirms Ocensa’s Baa3 Ratings
(Moody’s, 4.May.2016) â Moody’s affirmed Oleoducto Central, S.A.’s (Ocensa) Baa3 senior unsecured ratings. The rating outlook was changed to negative from positive. Ratings Rationale “The […]
Ecopetrol Announces Results for 1Q:16
(By Ecopetrol S.A. 3.May.2016) â Ecopetrol S.A. announced Ecopetrol Group’s financial results for the first quarter of 2016, prepared and filed in Colombian pesos (COP$) […]
Ecopetrol Adjusts its 2016 Investment Plan
(Ecopetrol S.A., 27.Apr.2016) â Ecopetrol S.A. announced that in light of the current low crude oil price environment, and with the aim of protecting the […]
Ecopetrol Oks Creation of New Subsidiary
(Ecopetrol S.A., 19.Aug.2015) â The Board of Directors of Ecopetrol S.A., in its meeting held on 14.Aug.2015, authorized the creation of a Colombian company indirectly […]
Ecopetrol Extraordinary Shareholderâs Meeting
(Ecopetrol S.A., 14.Aug.2015) â Due to the resignation of Mr. Gonzalo Restrepo Lopez and the election of his replacement, the CEO of Ecopetrol S.A. hereby […]
Ecopetrol Announces 2Q:15, 1H:15 Results
(Ecopetrol S.A., 5.Aug.2015) â Ecopetrol announced Ecopetrol Corporate Group’s financial results for the 2Q:15 and the 1H:15, prepared and filed in Colombian pesos (COP$) and […]
Ecopetrol Announces Caribbean Deepwater Find
(Ecopetrol S.A., 28.Jul.2015) â Ecopetrol informs that at a depth of 3720 meters, the Kronos-1 well verified the presence of hydrocarbons in ultra-deepwater of Colombian […]
Ecopetrol Updates on BODs Decision
(Ecopetrol S.A., 19.Jul.2015) â Ecopetrol reports that, at the Board of Directors’ meeting on July 17, 2015, the Board of Directors decided as follows: — […]
S&P Maintains Ecopetrol Credit Rating
(Ecopetrol S.A., 1.Jul.2015) â Ecopetrol S.A. reported that the credit rating agency Standard & Poor’s has maintained Ecopetrol’s long term corporate credit rating at BBB […]
Moodyâs Maintains Ecopetrol Rating at Baa2
(Ecopetrol S.A., 25.Jun.2015) â Ecopetrol S.A. reported that the credit rating agency Moody’s Investors Service has maintained Ecopetrol’s long term international rating at Baa2 with […]
Ecopetrol Presents Details of Distribution Proposal
(Ecopetrol S.A., 24.Jun.2015) â Ecopetrol S.A. at the direction of the Finance Superintendence, hereby publishes the earnings distribution proposal that was approved by the Shareholders […]
Moodyâs Affirms Ecopetrol Rating
(Moody’s, 23.Jun.2015) â Moody’s affirmed Ecopetrol S.A.’s Baa2 ratings and assigned a Baa2 rating to the company’s up to $1.5 billion in proposed notes due […]
Fitch Affirms Ecopetrol Ratings
(Ecopetrol S.A., 22.Jun.2015) â Fitch Ratings affirmed Ecopetrol S.A.’s foreign and local currency Issuer Default Ratings at ‘BBB’ and ‘BBB+’, respectively. Concurrently, Fitch has affirmed […]
Colombiaâs Ecopetrol Reinvents Itself
(Ecopetrol, 26.May.2015) â Ecopetrol S.A.’s Board of Directors approved a new corporate strategy aimed at guaranteeing the company’s long-term sustainability, in which value generation based […]
Ecopetrol Announces 1Q:15 Results
(Ecopetrol, 12.May.2015) â Ecopetrol S.A. reports the Group’s financial results for the 1Q:15, prepared and filed in Colombian pesos (COP$) and on the basis of […]
Opinion Favors Sale of Ecopetrol Stake in Eléctrica
(Ecopetrol S.A., 14.Apr.2015) â Ecopetrol S.A. announced that pursuant to the procedures required by Law 226 of 1995, the Council of Ministers has issued an […]
Ecopetrol Reports on Authorization from Ministry
(Ecopetrol S.A., 14.Apr.2015) â Ecopetrol S.A., as part of the procedures required for keeping available debt alternatives to finance its investment plan, has obtained authorization […]
Ecopetrol Amends Rules, Procedures
(Ecopetrol S.A., 28.Mar.2015) â Ecopetrol S.A. hereby reports that, at the shareholders’ meeting held on March 26, 2015 , the following amendments to the rules […]
Terrorist Acts Affect Ecopetrol in 2014
(Energy Analytics Institute, Piero Stewart, 26.Mar.2015) â External issues deprived Ecopetrol of the ability to produce 64,000 barrels per day (b/d) in 2014 as follows: […]
Ecopetrol Amends Bylaws at Assembly
(Ecopetrol S.A., 26.Mar.2015) â Ecopetrol S.A. hereby reports that, at the Shareholders’ General Assembly held on March 26, 2015, the following changes were made to […]
Ecopetrol Still a Solid Company, President Says
(Energy Analytics Institute, Ian Silverman, 26.Mar.2015) â Ecopetrol continues to be a solid company with many growth opportunities in its different business segments, said Ecopetrolâs […]
Ecopetrol to Pay Dividend to Shareholders
(Energy Analytics Institute, Piero Stewart, 25.Mar.2015) â Ecopetrol’s shareholder assembly approved a dividend equivalent to 70 percent of the 7.81 billion peso profit obtained in […]
Ecopetrol Output Around 725 Mb/d
(Energy Analytics Institute, Piero Stewart, 25.Mar.2015) â During the first two months of 2015 Ecopetrol’s production remained around 725 Mb/d primarily due to record production […]
Pacific Rubiales, Ecopetrol Extend Contract
(Pacific Rubiales Energy Corp, 14.Mar.2015) â Pacific Rubiales Energy Corp. and Ecopetrol, S.A. have agreed not to extend the Rubiales and PirirĂ Field Association Contracts, […]
Ecopetrol Board Appoints Echeverry as CEO
(Ecopetrol, 6.Mar.2015) â Ecopetrol announces that its Board of Directors appointed Mr. Juan Carlos Echeverry as the new CEO of the company, effective April 6, […]
Ecopetrol Releases 4Q:14, YE:14 Results
(Ecopetrol S.A., 2.Mar.2015) â Ecopetrol announces its results for the fourth quarter of 2014 and the full year 2014. – Net proven reserves of crude […]
LatAmNRG: Heard On The Street 3Q:13
(Energy Analytics Institute, 30.Sep.2013) â Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as […]