(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 near the town of Guaduas,...
(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 were being conducted to an...
(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 the Ecopetrol has unanimously authorized...
(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 at BBB-, with stable outlook,...
(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 by law, signatories of collective...
(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 banks and guaranteed by the...
(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 according to government figures. This...
(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 the seven projects will come...
(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 the same name in Northern...
(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 new production wells in late...
(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 department, where the company and...
(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 Barrancabermeja refinery. No injuries were...
(Reuters, 4.May.2018) – 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 195 percent from the same...
[caption id="attachment_737" align="alignnone" width="571"] In Tumaco. Source: Ecopetrol[/caption] (Energy Analytics Institute, Jared Yamin, 2.May.2018) – Colombia’s Ecopetrol published a brief update on emergency operations in Tumaco. In the area there...
(Energy Analytics Institute, Jared Yamin, 15.Apr.2018) ‐- During the first three months of 2018, Ecopetrol reported its highest quarterly net income in the last four years. Colombia’s state oil company...
(Reuters, 3.Apr.2018) – 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 responsible for a oil spill...
(Efe, 23.Mar.2018) – The world must accelerate its transition from a carbon-based to a clean energy-based economy to put the brakes on a climate catastrophe that already causes 4.8 million...
(SAExploration, 12.Apr.2017) — SAExploration Holdings, Inc. (SAE) announced the signing of a three year agreement with Hocol S.A. to be its provider of seismic acquisition services in Colombia. Founded in...
(Energy Analytics Institute, Piero Stewart, 26.Mar.2017) – An inability to boost foreign and domestic investments in Venezuela’s oil sector in 2017 will result in further declines in the Caribbean nation’s...
(Ecopetrol, 27.Feb.2017) – The Chief Executive Officer of Ecopetrol S.A. announced details of the Annual General Shareholders' Meeting held on March 31, 2017 at the International Center of Business and...
(Ecopetrol S.A., 15.Feb.2017) – Ecopetrol S.A. reported results of the fourth auction corresponding to Stage Two of the Program to Transfer and Award its 28,465,035 shares of Empresa de Energía...
(Ecopetrol S.A., 8.Feb.2017) – Ecopetrol S.A. announced on February 8, 2017, as established in the Offering Notice of Second Stage, the company published the offering notice regarding the fourth auction...
(Fitch, 1.Jan.2017) – Ecopetrol S.A. reported that on March 14, 2017, rating agency Fitch Ratings improved the outlook for the company's rating from a negative to a stable outlook. At...
(Ecopetrol, 12.Dec.2016) – Ecopetrol S.A. reported the risk rating agency Fitch Ratings kept the company at investment grade, with an international rating of BBB. Fitch notes the important link between...
(Ecopetrol, 10.Dec.2016) – Ecopetrol S.A. announced that on December 10, 2016, as established in the Offering Notice of Second Stage, the company published the offering notice regarding the fourth auction...
(Energy Analytics Institute, Piero Stewart, 4.Jul.2016) – Venezuela plans to soon initiate shipments of natural gas to Colombia, reported Venezuela's new agency AVN, citing the country's Oil Minister Eulogio Del...
(Ecopetrol S.A., 24.Jun.2016) – Ecopetrol S.A. announced that it launched 'Ronda Campos 2016,' a public and competitive bidding process, the objective of which is to offer to oil and gas...
(Ecopetrol, 10.Jun.2016) — Ecopetrol S.A. reports that, on 8 June 2016, based on the authorization granted by the Ministry of Finance and Public Credit (Resolution 1657 of 7 June 2016)...
(Ecopetrol S.A. 10.Jun.2016) – Ecopetrol S.A. reports that, on June 8, 2016, based on the authorization granted by the Ministry of Finance and Public Credit (Resolution 1657 of June 7,...
(Fitch Ratings, 8.Jun.2018) – Fitch Ratings rates the $500 million reopening of Ecopetrol S.A.'s 5.875% notes due in 2023 'BBB'. The company expects to use the proceeds from the proposed...
(Ecopetrol S.A., 7.Jun.2016) – Ecopetrol S.A. announced that its Board of Directors, in a session held on June 6, 2016, approved the implementation of "Hedge of a net investment in...
(Moody's, 4.Jun.2016) – Oleoducto Central S.A. (Ocensa) is the largest crude oil pipeline and the only public-use pipeline in Colombia. Its pipeline is ~845 km in length with 745,000 b/d...
(Ecopetrol S.A. 2.Jun.2016) – Ecopetrol S.A. announced that on June 1, 2016, through the X-STREAM trading system of the Colombian Stock Exchange (Bolsa de Valores de Colombia S.A.), the second...
(Energy Analytics Institute, Jared Yamin, 1.Jun.2016) – Colombia needs to invest an estimated $7 billion per year over a ten-year period or under to remain self-sufficient in the production of...
(Ecopetrol S.A. 10.May.206) – Ecopetrol S.A. announced that Moody's Investors Service has maintained Ecopetrol's credit rating at Baa3. This confirmation means that the company will retain its investment grade rating,...
(Moody's, 4.May.2016) – Moody's affirmed Oleoducto Central, S.A.'s (Ocensa) Baa3 senior unsecured ratings. The rating outlook was changed to negative from positive. Ratings Rationale "The equalization of Ocensa's ratings and...
(By Ecopetrol S.A. 3.May.2016) – Ecopetrol S.A. announced Ecopetrol Group's financial results for the first quarter of 2016, prepared and filed in Colombian pesos (COP$) and under International Financial Reporting...
(Ecopetrol S.A., 27.Apr.2016) – Ecopetrol S.A. announced that in light of the current low crude oil price environment, and with the aim of protecting the company's cash flow and financial...
(Ecopetrol S.A., 19.Aug.2015) – The Board of Directors of Ecopetrol S.A., in its meeting held on 14.Aug.2015, authorized the creation of a Colombian company indirectly wholly owned by Ecopetrol. The...
(Ecopetrol S.A., 14.Aug.2015) – Due to the resignation of Mr. Gonzalo Restrepo Lopez and the election of his replacement, the CEO of Ecopetrol S.A. hereby calls on Shareholders to attend...
(Ecopetrol S.A., 5.Aug.2015) – Ecopetrol announced Ecopetrol Corporate Group's financial results for the 2Q:15 and the 1H:15, prepared and filed in Colombian pesos (COP$) and on the basis of International...
(Ecopetrol S.A., 28.Jul.2015) – Ecopetrol informs that at a depth of 3720 meters, the Kronos-1 well verified the presence of hydrocarbons in ultra-deepwater of Colombian south Caribbean area. This discovery...
(Ecopetrol S.A., 19.Jul.2015) – Ecopetrol reports that, at the Board of Directors' meeting on July 17, 2015, the Board of Directors decided as follows: -- To accept the resignation of...
(Ecopetrol S.A., 1.Jul.2015) – Ecopetrol S.A. reported that the credit rating agency Standard & Poor's has maintained Ecopetrol's long term corporate credit rating at BBB with a stable outlook. S&P's...
(Ecopetrol S.A., 25.Jun.2015) – Ecopetrol S.A. reported that the credit rating agency Moody's Investors Service has maintained Ecopetrol's long term international rating at Baa2 with a stable outlook. Moody's mentioned...
(Ecopetrol S.A., 24.Jun.2015) – Ecopetrol S.A. at the direction of the Finance Superintendence, hereby publishes the earnings distribution proposal that was approved by the Shareholders Assembly of 26.Mar.2015. Accordingly, regarding...
(Moody's, 23.Jun.2015) – Moody's affirmed Ecopetrol S.A.'s Baa2 ratings and assigned a Baa2 rating to the company's up to $1.5 billion in proposed notes due 2026. The proposed securities are...
(Ecopetrol S.A., 22.Jun.2015) – Fitch Ratings affirmed Ecopetrol S.A.'s foreign and local currency Issuer Default Ratings at 'BBB' and 'BBB+', respectively. Concurrently, Fitch has affirmed the company's national scale short...
(Ecopetrol, 26.May.2015) – Ecopetrol S.A.'s Board of Directors approved a new corporate strategy aimed at guaranteeing the company's long-term sustainability, in which value generation based on efficient barrels and shareholder...
(Ecopetrol, 12.May.2015) – Ecopetrol S.A. reports the Group's financial results for the 1Q:15, prepared and filed in Colombian pesos (COP$) and on the basis of International Financial Reporting Standards (IFRS)....
(Ecopetrol S.A., 14.Apr.2015) – Ecopetrol S.A. announced that pursuant to the procedures required by Law 226 of 1995, the Council of Ministers has issued an opinion in favor of the...
(Ecopetrol S.A., 14.Apr.2015) – Ecopetrol S.A., as part of the procedures required for keeping available debt alternatives to finance its investment plan, has obtained authorization from the Ministry of Finance...
(Ecopetrol S.A., 28.Mar.2015) – Ecopetrol S.A. hereby reports that, at the shareholders' meeting held on March 26, 2015 , the following amendments to the rules and procedures governing our shareholders'...
(Energy Analytics Institute, Piero Stewart, 26.Mar.2015) – External issues deprived Ecopetrol of the ability to produce 64,000 barrels per day (b/d) in 2014 as follows: An estimated 28,000 b/d was...
(Ecopetrol S.A., 26.Mar.2015) – Ecopetrol S.A. hereby reports that, at the Shareholders' General Assembly held on March 26, 2015, the following changes were made to its bylaws: The following corporate...
(Energy Analytics Institute, Ian Silverman, 26.Mar.2015) – Ecopetrol continues to be a solid company with many growth opportunities in its different business segments, said Ecopetrol’s outgoing president Javier Genaro Gutiérrez...
(Energy Analytics Institute, Piero Stewart, 25.Mar.2015) – Ecopetrol's shareholder assembly approved a dividend equivalent to 70 percent of the 7.81 billion peso profit obtained in 2014. The total dividend was...
(Energy Analytics Institute, Piero Stewart, 25.Mar.2015) – During the first two months of 2015 Ecopetrol's production remained around 725 Mb/d primarily due to record production at the Castilla and Chichimene...
(Pacific Rubiales Energy Corp, 14.Mar.2015) – Pacific Rubiales Energy Corp. and Ecopetrol, S.A. have agreed not to extend the Rubiales and Pirirí Field Association Contracts, expiring in June 2016 ....
(Ecopetrol, 6.Mar.2015) – Ecopetrol announces that its Board of Directors appointed Mr. Juan Carlos Echeverry as the new CEO of the company, effective April 6, 2015. With extensive knowledge of...
(Ecopetrol S.A., 2.Mar.2015) – Ecopetrol announces its results for the fourth quarter of 2014 and the full year 2014. - Net proven reserves of crude oil, condensate and natural gas...
(Energy Analytics Institute, 30.Sep.2013) – Information in this section, provided by Energy Analytics Institute editors and reporters, is hearsay and thus should be treated as such. The names of our...
(Energy Analytics Institute, Pietro D. Pitts, 7.Aug.2013) – Chevron Latin America Business Unit Public Affairs and Communications Coordinator Susana Brugada spoke with Energy Analytics Institute in a brief interview from...