Ecopetrol S.A. (EC) announced that its investment plan for 2010 will total US$6.93 billion, an increase of 11% compared to the US$6.224 billion approved for 2009. Ninety three percent of the investment will be concentrated in Colombia and the remaining 7% earmarked for exploration and production projects in the U.S. Gulf Coast, Brazil, and Peru.
Investments in exploration and production represent 65% of the total capital investment plan for 2010, of which 51% will be allocated to production.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.