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//ecopetrol
ecopetrol colombia fitch ratings bogota juan carlos echeverry
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Ecopetrol Reports Proven Reserves of 1.88 Million Barrels of Oil Equivalent

Along with an average reserve life of 7.6 years, Ecopetrol reported net profit of 19.1 trillion Colombian pesos.
Posted On March 12, 2024
, By Editorial Staff
Above photo: «Ecopetrol» de Dvalencia – Own work, used under license CC BY-SA 3.0 vía Wikimedia Commons - https://commons.wikimedia.org/wiki/File:Ecopetrol.jpg#/media/File:Ecopetrol.jpg
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Inflation, Ecopterol and Pension Reform to Make Headlines this Week in Colombia

Ecopetrol has been a dividend cash cow for many years, but those days are surely coming to an end.
Posted On March 4, 2024
, By Rupert Stebbings
Banco de la República, the central bank of Colombia, in Bogotá. (Photo credit: Camilo Sanchez)
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Colombian Central Bank Faces Missed Opportunity to Cut Rates at this Week’s Non-Decision Meeting

For reasons I cannot detect, Banco de la República only moves rates at 8 of their 12 annual meetings.
Posted On February 27, 2024
, By Rupert Stebbings
ecopetrol Caño Limón coveñas pipeline attack 2
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S&P Global Ratings Affirms Ecopetrol’s BB+ Rating but Drops Outlook from Stable to Negative

The determination is tied to the drop in the big three rating agency's outlook of Colombia's credit rating from stable to negative.
Posted On January 30, 2024
, By Editorial Staff
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Announces Senior Management Shake-up as Multiple Vice Presidents Exit

Alejandro Arango has resigned, Pedro Manrique Gutiérrez has retired, and Fernán Ignacio Bejarano's service is coming to an end for undisclosed reasons.
Posted On January 21, 2024
, By Editorial Staff
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Plans to Invest Up to $6.8 Billion USD Next Year

Investments in oil exploration and production represent about half of the annual plan total.
Posted On December 19, 2023
, By Editorial Staff
A driver filling up at their tank at the gas pump.
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Gasoline & Diesel Prices in Colombia: Looking at the FEPC and the Future of Subsidies

The Finance Ministry met with transport companies and stated that, if there is no increase in the price of diesel, this will add another $2.6 billion USD to the FEPC by the end of 2024.
Posted On November 25, 2023
, By Rupert Stebbings
Loren podcast
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Colombia Business News Recap: November Post Election Analysis, Rising Insecurity in Colombia

Daniel Quintero's ticket got humiliated, the Diaz kidnapping signals rising insecurity, voters dissatisfied with Petro, "Total Peace" not working.
Posted On November 14, 2023
, By Loren Moss
Banco de la República, the central bank of Colombia, in Bogotá. (Photo credit: Camilo Sanchez)
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What Will the Colombian Central Bank Do After a Better Inflation Print?

Will Banco de la República upgrade its November meeting to a "decision" meeting in order to cut rates from 13.25% and start the easing cycle?
Posted On November 11, 2023
, By Rupert Stebbings
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Local Colombian Elections Are Upon Us — Along with Hopes for a More Democratic Venezuela

Colombia has a vested interest in the potential of having a future democratic neighbor, and last week, we saw Washington lift sanctions on Caracas for six months.
Posted On October 24, 2023
, By Rupert Stebbings
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