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With this marking the second failed tender, many are concerned for the long-term gas supply in a region that lacks infrastructure and stability.

4th quarter consolidated revenue amounted to COP 31.8 trillion, net income of COP 6.1 trillion, and EBITDA of COP 14.0 trillion with an EBITDA margin of 44%

After five years without any new signed hydrocarbons exploration and production contracts, Colombia’s ANH (National Hydrocarbons Agency) in charge of the allocation of oil fields for production, achieved a historic success rate of 55% of the areas offered. Two continental blocks,...

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.

Despite a major oil spill and below-target production, Ecopetrol reported its best quarterly results in four years amid higher oil prices.

The terrorist actions in recent months against the infrastructure of Ecopetrol, has been compounded by another recent menace: theft of copper cables that supply electrical power to oil wells. So far in 2015, Ecopetrol has reported 393 thefts of copper wire in three production...