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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.