Ecopetrol
By Nelson Bocanegra BARRANCABERMEJA, Colombia (Reuters) – Alleged interference by Colombian President Gustavo Petro in majority state-owned Ecopetrol and purges of hundreds of staff to make way for pro-government replacements are fueling fears about the energy company’s future profits and contributions to the economy. The worries, according to interviews with…
In a recent earnings call, Ecopetrol’s CEO Ricardo Roa presented the company’s solid financial and operational performance for the first half of 2024. The Colombian oil giant not only achieved its highest production in eight years at 750,000 barrels of oil equivalent per day but also reported a historic high…
