Mon, Mar. 14, 2:40 PM
- Ecopetrol (EC -0.9%) says two rebel bomb attacks have halted pumping operations along Colombia's second most important oil pipeline, the Cano-Limon Covenas.
- Rebel attacks on Colombian oil installations have been a frequent occurrence during the conflict over the past 50-plus years.
- The 485-mile pipeline has the capacity to transport up to 210K bbl/day of crude from oil fields operated by Occidental Petroleum (OXY -1.1%) near the border with Venezuela to the Caribbean port of Covenas.
Ecopetrol SA engages in the exploration, development and production of crude oil and natural gas. It operates its business through three segments: Exploration & Production, Refining & Petrochemicals and Transportation & Logistics. The Exploration & Production segment engages in the oil & gas... More
Sector: Basic Materials
Industry: Independent Oil & Gas