In Texas, Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Colombia-based Ecopetrol SA by 7.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,437,088 shares of the oil and gas company’s stock after acquiring an additional 608,262 […]
In Colombia, EcoPetrol commissioned its delayed $400 million Bioenergia ethanol plant last week in an effort to reach its full production capacity of 504,000 liters per day by the end of 2017. Continuous operations are expected by the end of the first quarter. Of the 20,000 hectares of sugarcane plantation that will eventually supply the […]
In California, Solazyme has signed its third development agreement with Ecopetrol (EC), the largest company in Colombia, to analyze manufacturing viability of algae-based diesel fuel using renewable Colombian feedstocks such as sugarcane and byproduct glycerol. Ecopetrol has a strategic goal to provide at least 450 million tons of fuel from renewable oil sources by 2015. After […]
