Via Reuters, a report on Colombia’s Ecopetrol consideration of importing gas from Venezuela: Colombia’s majority state-owned oil company Ecopetrol (ECO.CN) is exploring an offer from Venezuela’s PDVSA to supply the Andean country with gas from December 2024, it said on Tuesday. Colombia’s President Gustavo Petro said during a visit to Venezuela over the weekend it was […]
Read more »Via Power Technology, a report that Total Eren and Ecopetrol plan to jointly build a solar project in Colombia: Colombian energy company Ecopetrol has partnered with Total Eren to build a solar photovoltaic farm with nearly 100MWp of capacity in Colombia. The Rubiales solar facility will be built in the municipality of Puerto Gaitan in Colombia’s Meta province. Total EREN will develop, finance, build […]
Read more »Courtesy of The Financial Times, a detailed look at Ecopetrol: Never mind its recent fall in profits. Many energy companies would drool at Ecopetrol’s impressive growth rate so far. Since 2008, Colombia’s state-controlled oil company has increased production at a rate of 16 per cent a year. “We are focused on sustaining this growth rate, […]
Read more »Via The Financial Times, an article on Colombia’s Ecopetrol: Ecopetrol, the Colombian national oil company with proven reserves of about 1.8bn barrels, has a bigger market capitalisation than Petrobras, the Brazilian giant with 18bn barrels of reserves and, potentially, multiples of that in its vast new pre-salt oil fields. That, at least, is what a […]
Read more »Courtesy of Seeking Alpha, a report on Colombia’s Ecopetrol corporation. As the article notes: Since the start of 2012, we have seen significant pullbacks in the stock prices of many of Latin America’s oil majors. Brazil’s Petrobras (PBR) has fallen by 18%, Petrobras’ Argentine subsidiary Petrobras Argentina (PZE) also fell by 18%, and Argentina’s largest […]
Read more »Courtesy of The Financial Times, a report on recent initiatives between Colombia and Venezuela to team up in the oil sector: “Zero,” said Hugo Chávez firmly, when asked almost three years ago what the chances were of Colombia’s state oil company Ecopetrol having a hand in developing Venezuela’s oil-rich Orinoco Belt. That was back when […]
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