Finance Colombia » refinery

Finance Colombia Readers Invited On Virtual Tour of Ecopetrol’s Cartagena Refinery

Finance Colombia readers are invited to attend a virtual tour around the production site of Ecopetrol’s Cartagena Refinery within the Online Business Congress and one-on-one Meetings during the “Colombia Oil and Gas 2020” congress July 22-24.

Posted On June 11, 2020

, By Loren Moss

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Fluor Subsidiary Stork Wins Ecopetrol Contract For Cartagena & Barrancabermeja Refineries

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...

Posted On June 26, 2019

, By Loren Moss

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In Response to Air Quality Concerns, Ecopetrol Has Reduced Sulfur Content of Diesel Fuel Closer to U.S. Levels

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.

Posted On October 14, 2018

, By Jared Wade

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Ecopetrol Begins Commercial Production at Infantas Oriente Oilfield

Ecopetrol plans to drill 20 wells as it begins to develop the field this year and another 47 wells in 2019.

Posted On June 26, 2018

, By Jared Wade

Ecopetrol oil and gas company headquarters in Bogotá, Colombia

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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 On May 6, 2018

, By Jared Wade

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Ecopetrol Strikes Oil with Boranda Well in Santander

Ecopetrol holds a 50% interest in the Magdalena Middle Valley's Boranda-1 well, which is operated and 50% controlled by Canadian exploration company Parex.

Posted On March 30, 2017

, By Jared Wade

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Ecopetrol Plans to More Than Double Exploration Investment This Year Following Cost-Saving Efforts in 2016

CEO Juan Carlos Echeverry says "2016 was a year of enormous challenges for Ecopetrol," but he believes increased investment in 2017 will improve results in the coming years.

Posted On March 11, 2017

, By Jared Wade

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Ecopetrol Launches $478 Million USD Austerity Plan To Weather Low Oil Prices

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...

Posted On February 28, 2016

, By Loren Moss

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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Ecopetrol Appoints Adolfo Tomas Hernández As Vice President of Refining & Industrial Processes

Ecopetrol (BVC:ECOPETROL; NYSE:EC; TSX:ECP) has announced that effective February 15, chemical engineer Adolfo Tomás Hernández Núñez has been appointed the new vice president of refining and industrial processes for the Colombian-government controlled petroleum company. Hernandez...

Posted On February 19, 2016

, By Loren Moss

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Statement: Ecopetrol announces US$4.8 billion investment plan for 2016

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) reports that its Board of Directors approved the Ecopetrol Group 2016 Investment Plan for US$4.8 billion. The approved investment budget is in line with the new corporate strategy, and is attuned to the challenging situation of...

Posted On December 22, 2015

, By Loren Moss

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