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Fluor Corporation (NYSE: FLR) announced yesterday that Stork, part of Fluor’s Diversified Services segment, together with its consortium partners, was awarded a 4-year framework agreement for plant turnaround services by Ecopetrol S.A. (NYSE: EC BVC: ECO) for its Barrancabermeja...

In “Operation Poena,” conducted jointly between Colombia’s National Police, Argentina’s Federal Police and Interpol, 74 year old Argentine executive Roberto Jorge Rigoni was captured in Campana, Argentina, 90 kilometers outside of Buenos Aires. According...

Fitch Ratings has announced today that it has affirmed Colombia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ and revised the Rating Outlook to Negative from Stable. Colombia’s Negative Outlook reflects risks to fiscal consolidation and...

Colombian petroleum producer Ecopetrol and its petroleum logistics subsidiary Cenit have just announced the unearthing of a trove of archaeological artifacts, considered one of the largest finds of its kind in the Colombia’s “Eje Cafetero” coffee region, while constructing the...

Colombian petroleum producer Ecopetrol S.A. has announced that José Cotello, who had been serving as Regional Vice President Orinoquía (VRO) since 2015, was appointed as President of the Ecopetrol subsidiary in Brazil and will assume his new functions as of April 1, 2019. The...

Shell, the operator of the exploration plan, and Chevron both hold a 45% interest in the block. With the deal, Ecopetrol now holds the remaining 10% stake.

BP will be the operator of the exploration and has a 50% holding in the block. CNOOC has a 30% interest, with Ecopetrol having rights to 20%.

"The increase in the stand-alone credit profile is a recognition of the company's stable operating performance," stated Ecopetrol.

"We were able to capture the profit coming from the higher international oil prices," said Ecopetrol CEO Felipe Bayón.

The diesel Ecopetrol distributed across Colombia in September had an average of 17 parts per million, just north of the 15 ppm limit mandated in the United States.