Tag: Ecopetrol

Ecopetrol, OXY to drill 34 wells in Permian below improvement plan extension

Ecopetrol S.A. introduced that its U.S. subsidiary, Ecopetrol Permian, has reached an settlement with Occidental Petroleum (OXY) to increase its improvement plan of Rodeo Midland Basin LLC below the joint-venture first established in...

Petrobras, Ecopetrol goal to triple Colombia’s fuel reserves with offshore discovery

(Bloomberg) – Colombia’s largest offshore pure fuel discovery by Petrobras and Ecopetrol SA may triple the nation’s reserves if the deposit is commercially viable, probably easing the nation’s shortfall. The Sirius-2 exploration nicely has...

Ecopetrol Group allocates over half of 2025 funds for exploration & manufacturing

Ecopetrol S.A. Board of Administrators have accepted the 2025 funding funds of the Ecopetrol Group for an quantity between 24 and 28 trillion pesos, with greater than half the accepted funds earmarked for...

Colombia’s Ecopetrol loses two board members Occidental Permian oil deal fallout

(Bloomberg) – Two members of Ecopetrol SA’s board stop following the corporate’s resolution to drag out of a $3.6 billion deal to purchase a stake in Texas shale oil property from Occidental Petroleum...

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