Colombia's Ecopetrol sees profits of up to 3 trillion pesos in Q1
Total revenue for the state oil producer is projected to be between 27 and 30 trillion pesos between January and March this year. Ecopetrol's production in the first three months of the year is estimated to have reached between 715,000 and 730,000 barrels of oil per day (bpd). ($1= 3.551,17 pesos)
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- Colombia
Colombian state-run energy company Ecopetrol estimates a net profit of between two and three trillion pesos (between $563.1 million and $844.7 million) in the first quarter, the company said on Monday. Total revenue for the state oil producer is projected to be between 27 and 30 trillion pesos between January and March this year. Ecopetrol's production in the first three months of the year is estimated to have reached between 715,000 and 730,000 barrels of oil per day (bpd).
($1= 3.551,17 pesos)
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