Finance Colombia » Felipe Bayón Pardo

Arrest Order issued For Ecopetrol President Felipe Bayón

The president of Colombia’s largest company, oil giant Ecopetrol (NYSE: EC)) is facing arrest after a judge in the capital of Colombia’s Nariño department issued a warrant for his detention.

Posted OnDecember 8, 2020

, ByLoren Moss

Ecopetrol oil and gas company headquarters in Bogotá, Colombia

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Ecopetrol Reports Big Jump with Profits of $866 Million in the Third Quarter Amid Surging Oil Prices

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

Posted OnNovember 10, 2018

, ByJared Wade

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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 OnMay 6, 2018

, ByJared Wade

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Ecopetrol Pays Annual Dividend Totaling More Than $150 Million USD to Minority Shareholders

The Colombian government, which owns the vast majority of Ecopetrol shares, will receive a dividend of $1.17 billion USD (3.2 trillion pesos).

Posted OnApril 20, 2018

, ByJared Wade

ecopetrol lizama 158 oil spill (Credit: Ecopetrol)

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Major Oil Spill in Colombia from Ecopetrol Well Has Been Contained, Says Company

The environmental harm is ongoing, and Ecopetrol’s response to the catastrophe has drawn widespread criticism.

Posted OnMarch 31, 2018

, ByJared Wade

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Ecopetrol Adds 2,800 Barrels Per Day to Oil Production with Three New Wells

The wells are held jointly with U.S.-based Occidental Petroleum Corp. and have hit a combined 2,800 barrels per day in testing.

Posted OnMarch 5, 2018

, ByJared Wade

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With Profits of Some $2.3 Billion USD in 2017, Ecopetrol Posts Best Results in Four Years

The net profit of 6.62 trillion pesos ($2.3 billion USD) is more than four times above the results of 2016 and the highest since 2013.

Posted OnFebruary 28, 2018

, ByJared Wade

Ecopetrol Coyote-1 Well in Santander. (Credit: Ecopetrol)

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Ecopetrol Strikes Oil in Santander at Coyote-1 Well

Ecopetrol has a 50% stake in the discovery, which is lighter than typical heavy Colombian oil, according to the company.

Posted OnDecember 19, 2017

, ByJared Wade

Photo: Ecopetrol President Felipe Bayón and the Petronas executive Datuk Mohd Anuar Taib in Bogotá during the Colombian Congress of Oil and Gas. (Credit: Ecopetrol)

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Ecopetrol and Petronas Sign Agreement to Jointly Pursue Oil and Gas Projects in the Americas

The two state oil companies have already partnered to look for resources off the coast of Mexico.

Posted OnOctober 24, 2017

, ByJared Wade

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Ecopetrol Signs Contracts to Formalize Exploration Bids in Mexican Waters

"We are very pleased with the arrival in Mexico, a new milestone in the history of Ecopetrol," said company president Felipe Bayón Pardo.

Posted OnOctober 3, 2017

, ByJared Wade

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