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 ...

Colombia's state-run energy company Ecopetrol plans to invest up to $700 MM to build a plant at the Barrancabermeja refinery ...

Ecopetrol is considering buying SierraCol Energy, Colombia's biggest independent oil producer, from Carlyle, as it looks to boost reserves and production, company president Ricardo Roa said.

speaking alongside Chief Executive Officer Ricardo Roa. “We have yet to decide if we present an offer,” Guzman added, declining to provide a potential amount. A press official for Carlyle ...

speaking alongside Chief Executive Officer Ricardo Roa. “We have yet to decide if we present an offer,” Guzman added, declining to provide a potential amount. Carlyle Group didn’t reply to a request ...

Colombia’s state-owned energy producer Ecopetrol SA plans to soon start drilling another well in the nation’s Caribbean waters in a bid to shore up its declining natural gas reserves. (Bloomberg) — ...