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Colombia’s Ecopetrol Reports Lower Second-Quarter Earnings, Higher Oil & Gas Output
August 11, 2023–Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)–Ecopetrol reported a net income of 4 billion Colombian pesos (US$1 billion) during the second quarter. Although net income for the just-ended quarter was about 61% below the amount registered during the same period last year, the results represent a favorable scenario for the energy company.
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