Form 6-K ECOPETROL S.A. For: May 25
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Ecopetrol S.A. (EC) Board Approves New Corp. Strategy
May 26, 2015 8:48 AM EDTEcopetrol S.A. (NYSE: EC) announces that its Board of Directors approved a new corporate strategy aimed at guaranteeing the company's long-term sustainability, in which value generation based on efficient barrels and shareholder return become a priority.
Within a complex international price environment, the new strategy defines that Ecopetrol will be focused on oil and gas exploration and production, while seeking operational excellence in transportation, refining and petrochemical areas. The strategy also pursues the achievement of structural efficiencies, to allow the Group to increase its competitive levels in order... More
