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Tag: ECOPETROL S. A

Business

Ecopetrol Reports 22% Q1 Profit Decline Amid Geopolitical Strains

May 7, 2025May 7, 2025 - by Liam Nguyen - Leave a Comment

Ecopetrol reported a 22% drop in Q1 profits, with revenue falling short of estimates at $7.32 billion. The decrease is primarily linked to geopolitical tensions impacting oil prices. In response, …

Ecopetrol Reports 22% Q1 Profit Decline Amid Geopolitical Strains Read More
Companies

Colombia Faces Rising Energy Costs Amid Natural Gas Deficit

April 1, 2025April 1, 2025 - by Liam Nguyen - Leave a Comment

Fitch Ratings warns of escalating energy costs in Colombia, attributed to reliance on imported natural gas amid declining domestic production. The regulatory framework permits cost transfer to consumers, while rising …

Colombia Faces Rising Energy Costs Amid Natural Gas Deficit Read More
Business / Companies

Parex Resources Expands Operations with Strategic Acquisitions in Colombia

December 18, 2024December 18, 2024 - by Allegra Nguyen - Leave a Comment

Parex Resources Inc. has secured a 50 percent working interest in four oil blocks in Colombia’s Putumayo Basin and the Farallones Block, partnering with Ecopetrol S.A. This acquisition, involving no …

Parex Resources Expands Operations with Strategic Acquisitions in Colombia Read More
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