Ecopetrol Announces New Senior Management Appointments

(Ecopetrol, 22.Nov.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces changes in its senior management team of the Upstream Vice-Presidency to meet challenges in the process of aligning its hydrocarbons exploration and production activities with the energy transition, as follows: 1. Elsa Jeanneth Jaimes is confirmed as Vice President of Offshore, a position she […]

Colombia Loses Gas Supply After Glitch

(Argus, 2.Sep.2021) — Colombia is working to restore natural gas supply after an outage at state-controlled Ecopetrol‘s Cusiana field, the country’s second supply hiccup in a week. Ecopetrol said the outage was caused by a faulty valve but provided no further details. Cusiana normally produces 270mn cf/d of gas and […]

Ecopetrol Names New Exploration VP

(Ecopetrol, 11.May.2021) — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announces that Jorge Arturo Calvache, Vice-President of Exploration has decided to retire as of 1 June 2021. The company acknowledges and thanks Jorge for his leadership and contribution managing Ecopetrol’s Exploration business during the past two years. In his replacement, Elsa Jeanneth […]

Ecopetrol Reports Positive 3Q:20 Results

(Ecopetrol, 28.Oct.2020) — Ecopetrol S.A. announced the Ecopetrol Group’s financial results for the third quarter and the first nine months of 2020. Financial results were prepared in accordance with the International Financial Reporting Standards applicable in Colombia. *Ebitda adjusted to exclude the effect of the Voluntary Retirement Plan amounts to […]

Ecopetrol Exploration Activities Update

(Ecopetrol, 30.Apr.2020) — It is the first link in Ecopetrol’s value chain. Its main objective is to explore, discover and appraise commercially viable hydrocarbon accumulations, seeking to ensure the reserve replacement required for the sustainability of the Ecopetrol Group. To centralize, unify and manage hydrocarbon exploration activities, Ecopetrol has an […]

Colombia Inks $2.7bn In Investment Commitments

(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 country and continues the sector reactivation, according to Colombia’s National Hydrocarbons Agency (ANH). In a long contract subscription day, held […]

Parex, Ecopetrol Winners In Colombia Round

(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 to reinvigorate its petroleum sector. Ecopetrol and its subsidiary Hocol SA, Frontera Energy Corp and Amerisur Resources Plc were all […]