Ecopetrol

Colombia's Ecopetrol to Expand Gas Import Capacity Amidst Growing Demand

1 month ago

In a strategic move to bolster its natural gas supply, Colombia's state-owned oil company, Ecopetrol, has announced plans to enhance its gas import capacity by next year. This initiative comes as the nation grapples with an increasing demand for natural gas, exacerbated by a strong recovery in economic activities and the ongoing transition to cleaner energy sources.

Ecopetrol Strengthens Investment Strategy in Colombia's Oil-Filled Eastern Plains

1 month ago

In a bold move to solidify its position in the oil market, Ecopetrol, Colombia's state oil company, is ramping up its investments in the eastern plains of the country, an area laden with hydrocarbon reserves. This strategic decision comes amid rising global oil prices and a renewed focus on energy security, showcasing the company's commitment to enhancing its operational capabilities and expanding its production capacity.

Colombia's President Urges Ecopetrol to Divest from U.S. Shale Ventures

2 months ago

In a bold move aimed at reshaping Colombia's energy landscape, President Gustavo Petro has formally requested that Ecopetrol, the country's state-controlled petroleum company, consider selling off its operations in the United States’ shale oil sector. This decision comes as part of a broader initiative to refocus the nation's energy production strategies amid increasing environmental concerns and the global shift towards renewable energy sources.

Ecopetrol Resumes Dollar Debt Deal After CEO Investigation Causes Delay

6 months ago

After a period of uncertainty caused by an internal investigation into its CEO, Ecopetrol, Colombia's largest oil company, has officially restarted efforts to go to market with a dollar-denominated debt deal. The company announced that it plans to issue bonds as it aims to manage its financial commitments and capitalize on favorable conditions in the wider capital markets.