Colombia’s state-run oil company Ecopetrol said Wednesday it has signed a contract worth approximately $1.2 billion with one of India’s main private refining companies. The contract states that Ecopetrol will provide…
Colombia’s comptroller is bringing the president of the country’s state-run oil company, Ecopetrol, and two company directors to trial over a pipeline rupture in 2011 in the northeastern department of…
Colombia’s state-owned oil company, Ecopetrol, decreased its daily oil production forecast for 2012 Wednesday from 800,000 barrels per day (bpd) to 780,000, a decline of 2.5%. In the first half of the…
Colombia’s largest oil producer, Ecopetrol, has lowered its oil production target for 2012 to an average of 780,000 barrels of oil equivalent per day from 800,000 boepd previously, according to…
An alleged FARC attack against an oil installation in southern Colombia has left at least five oil workers dead. According to the Colombian army the five oil workers were killed…
Colombia’s state-run oil company Ecopetrol reportedly invested over $713 million in environmental projects in 2011. The environmental administration department of Ecopetrol used the money to adhere to legal standards and…
Colombia’s crude oil reserve increased to 2.259 billion barrels, up 10% from 2011, Colombian media reported Friday. The Andean nation reportedly had proven reserves of 2.058 billion barrels in 2010. The new figure…
Colombia’s state-run oil company Ecopetrol has surpassed Brazil’s Petroleo Brasileiro SA as Latin America’s biggest company by market value, the Wall Street Journal reported Wednesday. According to a study conducted by Sao…
Colombia’s state oil company Ecopetrol saw profits soar 28 percent in the first quarter of this year, compared to 2011, the company announced. Earnings reached $2.4 billion through March, up…