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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 Nov 24, 2009 11:04pm
498 Views
Post# 16520645

Today's article says gov't ratified

Today's article says gov't ratified

resumption of mining activities on Nov 23, based on the language in the article and the fact it's dated today, Nov 24.
The guy voicing his complaints is simply advocating for his guild as done throughout the year; nothing new there. It looks like the ratification has greased the wheels for advanced exploration activities. Pinto sounds clear on this.

Miners do observations to regulations

2009-11-24 18:03:03

National

To weigh that the Government ratified yesterday that the activities in the mining sector already can be resumed, the mining guilds question that still the officials of the Department of not Renewable Natural Resources, do not include the respective operating processes.

Marco Reyes, president of the National Camera of mining industry, ratified its opposition to revive the mining work. This if themselves they are not solved with precision the requests for the operations.

"There is themes as the collection of tributes, that are not clear and because of it we say that yet they cannot apply the regulations and the activities will not be normal if first are not defined these aspects", indicated Reyes.

For his part, the minister of the sector, Germánico Pinto, said that the three decrees of regulations already arrange the new beginning of the operations of the small, craft one and great mining industry in the country.

It added that each project should comply with their special requests and regulations predicted and the rules now are clear to develop the sector. "Each phase should have its requirements and the duty security", indicated.

https://www.lahora.com.ec/frontEnd/main.php?idSeccion=962442

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And…

The Ecuadorian Institute of Social Security (IESS) reports on the activities and courses that offers in the month of November....

23 TO THE 26 NOVEMBER

The Ecuadorian Institute of Social Security and the Department of not Renewable Natural Resources, they will carry out the "IV NATIONAL ENCOUNTER OF SECURITY AND HEALTH IN THE WORK WITH MENTION IN THE MINERIA", that will develop in the City of Basin, the days 23, 24, 25 and 26 of November in the "FIFTH LUCRECIA". The objective of the encounter is to qualify the participants on the tools and methods that permit to identify, to measure, to evaluate and to control the factors of labor risk and sociabilizar the new Law of mining Industry.

Greater information to be communicated to the Telephone number (07) 2827-670 Ext. 103 ./ IESS

https://www.elciudadano.gov.ec/index.php?option=com_content&view=article&id=7556:el-iess-informa-sobre-sus-actividades-en-noviembre&catid=1:actualidad

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