Javier Gutierrez

Javier Gutierrez News

Currency War Casualty Ecopetrol Shut Out of Market: Andes Credit

Colombian Finance Minister Mauricio Cardenas’s currency war is depriving state-controlled Ecopetrol SA of the chance to take advantage of a record decline in its borrowing costs.
Ecopetrol Plans First Colombia Bond Sale Since 1998, Chief Gutierrez Says

Ecopetrol SA will probably tap local debt markets for the first time in more than a decade to help fund record investments amid rising oil demand in China, Chief Executive Officer Javier Gutierrez said.
Ecopetrol Says Oil Output on Target as Rebel Sabotage Rises

Ecopetrol SA, Colombia’s largest oil company, expects to meet production targets this year as the government tightens security after an increase in guerrilla sabotage, Chief Executive Officer Javier Gutierrez said.
Ecopetrol CEO Says Sabotage Output Loss Fell Below 6,000 BPD

Co. is losing fewer than 6,000 barrels a day to infrastructure attacks by guerrillas, down from 10,000 barrels earlier this year, CEO Javier Gutierrez said today * “The attacks have fallen significantly and gradually the impact on production has been decreasing,” Gutierrez said today in Bogota, according to an audio recording sent by the company.
China Lures Crude From U.S. as Colombia’s Ecopetrol Targets Asia Oil Sales

Ecopetrol SA , the Colombian oil producer which expects to more than double output this decade, said it plans to ship a greater share of its crude to Asia as growing demand in China competes for supplies with the U.S.
Ecopetrol Says Guerrilla Attacks Have ‘Low’ Impact on Output

Ecopetrol SA, Colombia’s largest oil company, said the nation is close to production of 1 million barrels a day as rebel sabotage has a “low impact” on the company’s output, according to its chief executive officer.
Ecopetrol Misses $1.34 Billion Target for Share Sale Amid Market Rout

Ecopetrol SA, Colombia’s largest oil company, said it fell short of its target to raise 2.5 trillion pesos ($1.34 billion) from the nation’s second-largest share sale amid a global slump in equities that trimmed demand.
Ecopetrol Says Rebel Attacks Falling Before Peace Talks

Ecopetrol SA, Colombia’s largest oil company, said attacks on its installations have declined ahead of the first talks in a decade between the government and rebels scheduled for next month.
Ecopetrol Falls Most Since June as Profit Declines

Ecopetrol SA, Colombia’s largest oil company, dropped the most in more than four months after profit declined for a second straight quarter.
Ecopetrol Sets 798,000-Barrel Daily Production Target for 2013

Ecopetrol SA, the world’s eighth- largest publicly-traded oil company this year, announced a 2013 production target of 798,000 barrels of oil equivalent per day, lower than its original target for 2012.