(Zacks, Nilanjan Banerjee, 17.May.2019) — Ecopetrol SA (EC) reported first-quarter 2019 net income of 2,745 billion Colombian pesos, higher than 2,615 billion Colombian pesos in the March quarter of 2018....
(Reuters, 13.May.2019) — Colombia's crude oil reserves were up 9.9% to 1.96 billion barrels at the end of last year, as efforts to increase exploration, production and reserves paid dividends...
(US DOE, 10.May.2019) — On Monday, May 13, 2019, U.S. Secretary of Energy Rick Perry will travel to Bogotá, Colombia to participate in the 2019 Concordia Americas Summit. He is...
(Ecopetrol, 6.May.2019) — Ecopetrol S.A. announced today the Ecopetrol Group's financial results for the first quarter of 2019, prepared in accordance with International Financial Reporting Standards applicable in Colombia. The...
(Energy Analytics Institute, Aaron Simonsky, 3.May.2019) — Colombia's state oil company Ecopetrol reportedly has updated on its farm-in in the Saturno block in Brazil. Partners in the block include: Ecopetrol...
(Ecopetrol, 29.Apr.2019) — Ecopetrol S.A. announces that on May 6, 2019 after market close, it will release its financial and operating results for the first quarter of 2019. On Tuesday,...
(Energy Analytics Institute, Piero Stewart, 26.Apr.2019) — Colombia’s state oil company Ecopetrol activated a contingency plan along the Trasandino Pipeline (OTA) after an attack on the installation occurred on 26...
(Energy Analytics Institute, Piero Stewart, 12.Apr.2019) — Heard on the street and LatAmNRG briefs related to a new attack on the OTA pipeline, the Orca-1 well expected online in 2026,...
(Ecopetrol, 12.Apr.2019) — Ecopetrol S.A. announced that according to the regulation of the Colombia Securities Exchange, the Colombian ex-dividend period for Ecopetrol’s shares begins on April 17, 2019. The ex-dividend...
(Energy Analytics Institute, Piero Stewart, 10.Apr.2019) — Colombia’s natural gas potential -- including onshore, offshore and non-conventional resources -- is between 14 and 64 trillion cubic feet (Tcf), Ecopetrol President...
(Ecopetrol, 5.Apr.2019) — Ecopetrol filed its annual report under Form 20-F for the fiscal year ended December 31, 2018 with the U.S. Securities and Exchange Commission (the “SEC”). With the...
(Energy Analytics Institute, Piero Stewart, 3.Apr.2019) — Colombia’s National Hydrocarbon Agency (ANH) announced that Ecopetrol, Repsol Exploración Colombia S.A., and ExxonMobil Exploration Colombia Ltd signed two separate offshore exploration contracts...
(Energy Analytics Institute, Piero Stewart, 3.Apr.2019) — Hocol, a company of Ecopetrol Group, announced a new natural gas discovery at its Arrecife-1ST well located in Colombia’s Córdoba department. Data from...
(Ecopetrol, 29.Mar.2019) — Ecopetrol S.A. announces that, at the General Shareholders' Meeting held on March 29, 2019, the Company's Shareholders approved the following: 1. The plan for distribution of profits,...
(Bloomberg, 29.Mar.2019) — As neighboring Venezuela collapses, Colombia is hoping to lure oil majors with an unprecedented bidding system: Producers can propose drilling anywhere, at any time, and the country...
(Rabble.ca, Brent Patterson, 26.Mar.2019) — Colombia could be on the cusp of a dangerous fracking boom that would release carbon pollution into the atmosphere, endanger drinking water, and violate Indigenous...
(Energy Analytics Institute, Piero Stewart, 23.Mar.2019) — Colombia’s state oil company announced that the Trasandino Pipeline, or OTA by its Spanish acronym, was attacked on March 22 along a portion...
(Reuters, Julia Symmes Cobb, Nelson Bocanegra, 14.Mar.2019) — The 36,000 solar panels gleam in the tropical heat of a valley outside the city of Yumbo in western Colombia, feeding dozens...
(S&P Global Platts, 12.Mar.2019) — The Luna shale formation could help Colombia to increase its recoverable oil reserves by up to 7 billion barrels and 10 Tcf of gas, Ecopetrol...
(Energy Analytics Institute, Piero Stewart, 12.Mar.2019) — Colombia’s Ecopetrol plans investments of $500 million during 2019-2021 on unconventional pilots across the country with aim to boost natural gas reserves in...
(Zacks Equity Research, 7.Mar.2019) — Ecopetrol S.A. EC proposes to invest $500 million toward exploring unconventional deposits over a three-year period. The spending is part of the $12-$15 billion apportioned...
(Energy Analytics Institute, Piero Stewart, 28.Feb.2019) — Heard on the street and LatAmNRG briefs on Colombia’s state oil company Ecopetrol reporting an attack along the Caño Limón-Coveñas pipeline, and Brazil’s...
(S&P Global Platts, 27.Feb.2019) — Colombia's Ecopetrol has taken its polyethylene operations offline for preventative maintenance due to feedstock issues stemming from an incident at the Barrancabermeja refinery, a company...
(Bloomberg, Lucia Kassai and Ezra Fieser, 27.Feb.2019) — U.S. Gulf refiners are bidding up prices for Colombian crude amid sanctions on Venezuelan imports, historically one of America’s top oil suppliers....
(Ecopetrol, 27.Feb.2019) — Ecopetrol S.A. informs the 2018 earnings distribution proposal, approved by a majority of the members of its Board of Directors, which will be submitted for the consideration...
(Ecopetrol, 26.Feb.2019) — Ecopetrol S.A. announced the Business Group’s 2018 fourth quarter and full-year financial results, prepared in accordance with International Financial Reporting Standards (IFRS) applicable in Colombia. In words...
(Energy Analytics Institute, Piero Stewart, 23.Feb.2019) — Colombia’s state oil company Ecopetrol S.A. will release its financial and operating results for the fourth quarter and full year 2018 on February...
(Reuters, 18.Feb.2019) — Crude oil production in Colombia reached an average of 898,965 barrels per day (bpd) in January, the Mines and Energy Ministry said on Monday, up 4.5 percent...
(Kallanish Energy, 18.Feb.2019) — Colombia could be a step closer to allowing producers to start hydraulic fracturing (fracking) pilot projects, after an independent expert committee analysed the risks and rewards...
(Daily Political, 15.Feb.2019) — According to Zacks, “In Colombia, Ecopetrol is the largest energy firm with an integrated business model. The company’s businesses are well diversified. It has helped Ecopetrol...
(Energy Analytics Institute, Piero Stewart, 14.Feb.2019) — Heard on the street and LatAmNRG briefs on expert report on fracking in Colombia, attacks along the Mansoyá Orito Pipeline in Putumayo, and...
(Reuters, 20.Jan.2019) — Colombian state-run oil company Ecopetrol SA said on Sunday a bomb attack on the Transandino pipeline caused spillage in southwestern Narino close to the border with Ecuador....
(Reuters, 5.Jan.2019) — Colombian state oil company Ecopetrol has halted the Cano Limon-Covenas pipeline after it was damaged in a bomb attack, spilling crude into two streams in Norte de...
(Ecopetrol, 27.Dec.2018) — Ecopetrol S.A. redeemed in advance the entire ten-year international bond issued in 2009, as it was announced in a press release on November 27, 2018. Consistent with...
(Energy Analytics Institute, Piero Stewart, 21.Dec.2018) — Heard on the street and LatAmNRG briefs on Argentina’s renewable energy sector, Maurel & Prom’s acquisition of Shell’s interest in the Urdaneta West...
(Ecopetrol, 21.Dec.2018) — Ecopetrol S.A. closed a deal with companies of the Shell and Chevron groups, which will allow it to expand its stake in Brazil’s Pre-Salt Region. The agreement...
(Colombia’s Ministry of Mines and Energy, 18.Dec.2018) — María Fernanda Suárez Londoño is a Business Administrator from the College of Superior Studies in Management (CESA) and has a Master's Degree...
(NGI, Christopher Lenton, 17.Dec.2018) — Though hydraulic fracturing (fracking) has transformed the energy sector in the United States, only Argentina in Latin America has followed its lead in commercially developing...
(ARPEL, 13.Dec.2018) — The Workshop on “Best practices in the operation and maintenance of hydrocracker and diesel hydrotreating units” was held December 12-14 in Cartagena de Indias, Colombia. The meeting...
(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 the aggregate principal amount of...
(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% over the projected 2018 figure....
(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 figure, according to Colombia’s state...
(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 the Cedeño district, in the...
(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 pipeline. The attack is the...
(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 oil pipeline located in Boyacá....
(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 and Analysis (MD&A). These documents...
(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 (Norte de Santander) in an...
(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 this year, its chief executive...
(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 far in 2018. Of the...
(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 Reporting Standards applicable in Colombia....
(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), up 177 percent from the...
(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 in recent years. The financing...
(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 a pilot project to explore...
(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 oil from unconventional deposits using...
(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 out of operation the equivalent...
(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 quarter of 2018. On Thursday,...
(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 into a waterway, the company...
(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 Forbes as the 300th largest...
(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 $665 million with Scotiabank ($430...
(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 and securing operational licenses, its...
(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, less than previously estimated, because...
(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 quarter of 2018. On Wednesday,...
(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 (Chief Financial Officer). Mr. Caballero...
[caption id="attachment_2885" align="alignright" width="294"] Jaime Caballero Uribe. Source: Ecopetrol[/caption] (Ecopetrol, 8.Aug.2018) – Ecopetrol S.A. announced appointment of Jaime Caballero Uribe as the new Corporate Vice President of Finance (Chief Financial...
(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 resignation was due to her...
(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, Discussion and Analysis (MD&A). These...
(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 in addition to those announced...
[caption id="attachment_2658" align="alignnone" width="950"] Oil field in Colombia. Source: Ecopetrol[/caption] (Energy Analytics Institute, Piero Stewart, 27.Jul.2018) – The South American country needs to boost investments from an projected $4.5 billion...
(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 state oil company. The agency...
(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 role that will require her...
[caption id="attachment_2384" align="alignright" width="300"] Colombia new Mining Minister. Source: Mining Ministry.[/caption] (Energy Analytics Institute, Piero Stewart, 18.Jul.2018) – Colombia’s President elect Iván Duque named Ecopetrol Executive Vice President María Fernanda...
(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 and industry sources said on...
(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 rebels, according to loval military...
(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 initiated direct operation of Dina...
(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 banks. The loan was scheduled...