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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Post by Nikolaion Oct 09, 2009 7:30pm
224 Views
Post# 16378913

debate takes shape in Ecuador as

debate takes shape in Ecuador asthe National Assembly weighs in on the agreements the Executive branch made last week.

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NATIONAL ASSEMBLY Tables of dialogue without force in the Assembly

October 9, 2009

Expectation. The agreements that native and educators achieved with the Executive they would be able to be stopped in the Legislature.

The Assembly defends as the legitimate space of debate and takes of decisions with respect to the laws.

In that framework, the work of the commissions that would integrate the Executive with the Confederation of Native Nationalities of the Equator (Conaie) and the National Union of Educators (UNITES) for reformular some government bills would be only an intake.

Thus they brought it to light the members of the table of Eating Sovereignty, which deals with the law of the water. Its president, Jaime April (PIES), considers that on this legal body "the agreement is between the Executive and the Conaie.

Therefore, the legislator bet to that the product of that agreement serve for when the articulated pair the second debate in the Parliament and the President of the Republic send its objections. Of all forms, Pedro of the Cross (PIES) reiterates that the commission continues open to receive contribute.

The covenants The Government subscribed this week an agreement with the native sector to revise some themes of the law of the water, and another with the National Union of Educators for do the own thing with the Law of General Education.

But even the president of the Assembly, Fernando Lamb, said that the final destiny of the work of those two commissions will be the legislative organ because "we (the assembly members) are who we debate and we approve the laws".

Nevertheless, did not it rule out that to those desks some legislators be integrated in such a way that they channel the anxieties of both sectors. For Caesar Rodriguez, president of the commission of Education, the idea does not sound absurd although says that those delegates "should be integrated at work of the table".

Without certainties In the National Assembly still is uncertain the destiny or the space that will have the agreements between the Executive and the natives and the teachers therefore they know that no another space should replace the Legislature in the procedure of the regulations.

https://www.lahora.com.ec/frontEnd/main.php?idSeccion=942745

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