Petrobras, Ecopetrol ordered to halt drilling gas well offshore Colombia [Seeking Alpha]
Ecopetrol S.A. American Depositary Shares (EC)
US:NYSE Investor Relations:
ecopetrol.com.co/wps/portal/web_es/ecopetrol-web/corporate-responsibility/sustainability/bank-of-best-practices/investors
Company Research
Source: Seeking Alpha
gas well after an Indigenous community said its consent should have been requested. The judge said the companies must stop exploration and production at their Uchuva 2 well pending the completion of a prior consultation process with local communities and a new environmental impact study, after an indigenous group in the Taganga area filed a legal claim for the protection of constitutional rights. The suspension is "imperative to protect the fundamental rights of the indigenous people, ensuring their participation in all stages of the exploration and production process," the judge wrote in his decision. Last month, Colombia's environmental licensing authority halted the process to allow Ecopetrol ( EC ) to start drilling the Komodo-1 well at a record depth of nearly 13K ft Separately, Petrobras ( PBR ) CEO Magda Chambriard said Friday it expects to spend 20B reais (~$3.6B) in a Rio de Janeiro complex, as the company opened a much-delayed natural gas processing facility. Petro
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News
- Driest Month in 55 Years Leads Bogotá to Tighten Water Controls [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Driest Month in 55 Years Leads Bogotá to Tighten Water Controls [Yahoo! Finance]Yahoo! Finance
- Ecopetrol, Petrobras Ordered to Halt Drilling Offshore Gas Well [Financial Post (Toronto, Ontario, Canada)]Financial Post
- World's Oldest Guerrilla Force Revives Its War on Oil Companies [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Ecopetrol S.A. Announces the Settlement of a Partial Make Whole of its International Notes due 2026 [Yahoo! Finance]Yahoo! Finance
EC
Sec Filings
- 9/6/24 - Form 6-K
- 9/3/24 - Form 6-K
- 9/3/24 - Form 6-K
- EC's page on the SEC website