EC
$14.73
Ecopetrol S.A.
Recent News
Colombia seeks a US sanctions exemption to invest in Venezuelan energy projects
Colombia said Tuesday it is seeking an exemption from U.S. sanctions to invest in Venezuelan electricity projects and natural gas ventures that could include the reopening of a gas pipeline between the neighboring South American countries. Colombia's Mines and Energy Minister Edwin Palma said in a statement that his country is seeking a license to invest in Venezuela from the U.S. Treasury’s Office of Foreign Assets Control, or OFAC, and that the Colombian state-run oil company Ecopetrol is conferring with U.S. officials about the regulatory requirements to launch several ventures with the Venezuelan government. The United States has been easing sanctions against Venezuela’s oil industry following a U.S. military raid that captured then-President Nicolás Maduro. The shift has enabled several U.S. companies to buy and sell Venezuelan oil.
Sector Update: Energy Stocks Rise Late Afternoon
Energy stocks were higher late Thursday afternoon, with the NYSE Energy Sector Index and the State S
Sector Update: Energy Stocks Higher in Afternoon Trading
Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 1.5% and the
TotalEnergies (TTE) Sells 50% Stake For 11 Projects in Germany to Allianz Global Investors
TotalEnergies SE (NYSE:TTE) is one of the Best Value Stocks to Buy for the Long Term. On March 3, TotalEnergies SE (NYSE:TTE) announced its deal to sell 50% stake in 11 battery storage projects in Germany to Allianz Global Investors. Management noted that through this deal, the partners will invest €500 million into Germany’s energy […]
Ecopetrol Q4 Earnings Call Highlights
Ecopetrol (NYSE:EC) executives said the group met its 2025 operational and financial goals despite a roughly 15% decline in crude prices during the year, pointing to stable production and transportation volumes, improved commercial differentials, and what management described as record efficiency ga