Ecopetrol profits up 27.6%

Colombia's state oil company Ecopetrol's net profit in the first quarter rose 27.6% from a year earlier to 4.3 trillion pesos ($2.47 billion), pushed up by more output and higher oil prices.

On the up: Ecopetrol's market diversity strategy has paid off for the company.
On the up: Ecopetrol's market diversity strategy has paid off for the company.
Published 1 May 2012, 03:38Updated 11 October 2016, 06:48
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