Latest EcoPetrol Stories

BOGOTA, Colombia, May 15, 2013 /PRNewswire/ -- Ecopetrol S.A. (NYSE: EC; BVC: ECOPETROL; TSX: ECP) announces that it submitted the highest bids for three exploratory blocks in the 11(th) Bidding Round carried out yesterday by the Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis (National Agency of Petroleum, Natural Gas and Biofuels, or ANP) of Brazil in Rio de Janeiro. Ecopetrol has a 100% interest in the highest bids for the POT-M-567 and FZA-M-320 blocks and a 50%...

BOGOTA, Colombia, May 9, 2013 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announces that its Board of Directors approved the allocation of an extra US$502 million for the modernization project of its Cartagena Refinery in 2013. The decision was made after the management team of Reficar asked for the additional funds based on an estimated budget of US$6,467 million. The modernization of the refinery is expected to make the refinery a strategic asset for the...

- Ecopetrol S.A.'s net income for the first quarter of 2013 was COP$3,495.6 billion, equivalent to COP$85.02 per share. BOGOTA, Colombia, May 3, 2013 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announced today its unaudited financial results, both consolidated and unconsolidated, for the first quarter of 2013, prepared and filed in Colombian pesos (COP$) in accordance with the Public Accountancy Legal Framework (Regimen de Contabilidad Publica, RCP) of...

BOGOTA, Colombia, April 30, 2013 /PRNewswire/ -- Ecopetrol S.A. (NYSE: EC; BVC: ECOPETROL; TSX: ECP), will release on May 3, 2013, after markets close, its results for the first quarter of 2013. The earnings release will be available on the following websites: www.superfinanciera.gov.co, www.sec.gov and www.ecopetrol.com.co. (Logo: http://photos.prnewswire.com/prnh/20090209/ARM001LOGO ) On Tuesday, May 7, Ecopetrol's senior management will host two webcasts to review the results of...

BOGOTA, Colombia, April 29, 2013 /PRNewswire/ -- Ecopetrol S.A. (NYSE: EC, BVC: ECOPETROL, TSX: ECP), announced today that it had filed its annual report on Form 20-F for the fiscal year ended December 31, 2012 with the U.S. Securities and Exchange Commission. The 2012 annual report can be accessed by visiting the SEC's website at www.sec.gov or Ecopetrol's website at www.ecopetrol.com.co. In addition, investors may receive a hard copy of Ecopetrol's complete audited financial...

-- The long-term rating in foreign currency is upgraded from BBB- with "positive" outlook to BBB with "stable" outlook. BOGOTA, Colombia, April 26, 2013 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) reports that the risk rating agency Standard & Poor's has upgraded its foreign currency ratings. These ratings cover debt issuances by Ecopetrol S.A. in Colombia and abroad. The following is a summary of the update: (Logo:...

TORONTO, April 23, 2013 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) provided today an update to the March 13, 2013 news release with respect to its arbitration with Ecopetrol, S.A. ("Ecopetrol") regarding the interpretation of the high-prices clause ("PAP") in the Quifa Association Contract. The Company has filed a request for annulment of the arbitration panel's decision with the Consejo de Estado (Colombia's supreme court for...

- The Venus-2 well was drilled on block CPO-11, which is 100% owned by Ecopetrol. BOGOTA, Colombia, April 2, 2013 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) reports that it has proven the presence of crude oil at Venus-2, an exploratory well located within the municipality of San Martin, Meta province. (Logo: http://photos.prnewswire.com/prnh/20090209/ARM001LOGO ) The Venus-2 well is part of the CPO-11 block, governed by the Exploration and Production...

Ecopetrol America Inc. placed bids partnering with Murphy Exploration and Production Company, Anadarko US Offshore Corporation, MCX Gulf of Mexico LLC and JX Nippon Oil Exploration (U.S.A.) Limited. BOGOTA, Colombia, April 2, 2013 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announces that its U.S. affiliate (Ecopetrol America Inc.) placed the most competitive bids for 6 blocks in the "Central Planning Area Lease Sale 227" round held in New Orleans, as...

BOGOTA, Colombia, April 1, 2013 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) reports that today it completed the transfer of hydrocarbon transport and logistics assets to its wholly-owned subsidiary, Cenit-Transporte y Logistica de Hidrocarburos S.A.S. (Logo: http://photos.prnewswire.com/prnh/20090209/ARM001LOGO) The total assets transferred to Cenit are valued at $13.6 trillion Colombian pesos. Cenit is a company 100% owned by Ecopetrol. Ecopetrol is...