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Tag: crude oil industry

Colombia’s Ecopetrol 2020 net profit falls 87.3%

Latin America News -
RIO DE JANEIRO, BRAZIL - Colombia’s majority state-run oil company, Ecopetrol, on Tuesday reported its 2020 net profit fell 87.3% to 1.69 trillion pesos (US$470.1 million) versus the previous year. The company’s fourth-quarter net profit fell to 675 billion pesos,...
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Brazil’s Eneva in Direct Talks for Petrobras’ Urucu Cluster Oilfield

Latin America News -
RIO DE JANEIRO, BRAZIL - Publicly traded Brazilian energy firm Eneva SA has entered into direct talks with state-run oil firm Petrobras to purchase a complex of oil and gas fields in the Amazon rainforest known as the Urucu...
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