Ecopetrol warned lower oil prices could reduce profits this year by as much as 12T pesos, and said it also may need to scrap production at some fields and focus on those with lower costs.

EC mentions that if oil prices continue to slip, it may have to cease production in some fields and focus on assets having lower costs.

When the Avanti Windows and Doors USAC/CRA Sprint Cars visit the Central Arizona Speedway this Friday and Saturday, April ...

Lower oil prices could reduce Colombian state-run oil firm Ecopetrol's profits by up to 12 trillion pesos ($2.76 billion) ...

Ecopetrol, Colombia's state-owned oil company, warned that lower oil prices could cause its profits to drop by as much as 12 ...

In his vocal war on fossil fuels Mr Petro made Colombia the first major oil-producing country to halt new ...

Supporting a position does not mean that we abandon nuances. Yet, this is what has happened to all ‘respectable’ economists ...