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Ecopetrol Appoints Jaime Caballero Uribe as Chief Financial Officer
Within this role, Caballero will be the compliance agent for financial reporting to the Colombian Finance Superintendency.
Posted On August 19, 2018
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//Brent Crude
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Benefitting from High Oil Prices, Ecopetrol Reports Significant Increases in Earnings and Revenue in First Half of 2018
Ecopetrol reported 15.8 trillion pesos in earnings, an increase of 37.7% compared to the 11.5 trillion pesos brought in during the first half of 2017.
Posted On August 16, 2018
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Colombian Exports Rise 22.5% in First Half of 2018 to $20.5 Billion USD
Rising oil prices were the biggest factor. The extractive industry exported $11.8 billion USD — nearly 60% of the nation's export value in the past six months.
Posted On August 5, 2018
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Ecopetrol Reports Income of $923 Million USD in First Quarter of 2018
Despite a major oil spill and below-target production, Ecopetrol reported its best quarterly results in four years amid higher oil prices.
Posted On May 6, 2018
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Bancolombia Projects Colombian GDP to Grow by 2.5% in 2018
Growth will be driven by higher commodities prices, improved household consumption, and a more balanced performance across various sectors.
Posted On February 4, 2018
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Colombian Peso Hits Strongest Value Against Dollar Since November 2015 as Greenback Tumbles
The U.S. dollar currency index fell by almost 1% Wednesday afternoon to a 52-week low following market-moving comments by the U.S. treasury secretary.
Posted On January 24, 2018
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Colombia Produced 854,121 Barrels of Oil Per Day in 2017, a 3.4% Drop from 2016
Despite the year-over-year drop, the actual output did exceed Ministry of Mines and Energy's estimate of 840,000 barrels of oil per day.
Posted On January 16, 2018
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With Oil Prices Rising, Colombian Peso Strengthens to Three-Month High
With oil prices jumping on supply disruptions in Iran and Europe, the Colombian currency reached 2,902 pesos to the dollar.
Posted On January 4, 2018
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Colombia’s BBB Credit Rating Under Pressure if Economy Continues to Underperform, Says Fitch Ratings
“Colombia's creditworthiness could be pressured” if low growth persists and high fiscal deficits undermine the government’s push to reduce debt.
Posted On July 12, 2017
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Attacks Have Disrupted Colombia’s Caño Limón-Coveñas Pipeline for 38 Days in 2017
The prolonged shutdown has cost Colombia some 893,000 barrels of production, according to Ecopetrol.
Posted On March 22, 2017
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Colombian Peso Exchange Rate
