The rating agency highlighted Ecopetrol's liquidity profile, supported by its cash generation, strong access to capital markets and adequate debt maturity profile.
Colombia’s state controlled petroleum producer Ecopetrol S.A. (BVC: ECOPETROL, NYSE: EC) and Shell (AMS: RDSA, NYSE: RDS.A) through Shell subsidiary Shell EP Offshore Ventures Limited, signed a deal which will see Shell acquire a 50% stake in the Fuerte Sur, Purple Angel and...
Colombian state-controlled petroleum producer Ecopetrol’s (NYSE: EC, BVC: ECO) US subsidiary Ecopetrol America has reached an agreement with US petroleum supergiant Chevron Texaco (NYSE:CVX) to buy into the Mississippi Canyon Block 726 oil field located in US waters in the Gulf...
The Warrior well is located within an area called Green Canyon that is operated by Anadarko Petroleum Corporation. Ecopetrol America controls nearly 20% of that block.
Given the challenging petroleum price environment observed since the beginning of 2016, Ecopetrol S.A. (BVC:ECOPETROL; NYSE:EC; TSX:ECP) has announced that it will seek to save an additional $1.6 trillion COP ($478.736 million USD) through 2016. This comes after the company...
Ecopetrol’s (BVC:ECOPETROL NYSE:EC TSX:ECP) board of directors has decided to delist the Ecopetrol ADRs (Depositary Receipts) from the Toronto Stock Exchange, pursuant to section 720 of the TSX Companies’ Manual. The decision was based, according to a statement put out this...