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Colombia seizes explosives, says it foils Bogota attack
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Colombia seizes explosives, says it foils Bogota attack
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Colombia seizes explosives, says it foils Bogota attack
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BOGOTA (Reuters) -Colombia’s majority state-owned oil company Ecopetrol’s second-quarter net profit soared to 3.72 trillion pesos ($951 million), boosted by strong sales, the company said on Tuesday, compared with 25 billion pesos in the year-earlier period.
FILE PHOTO: The entrance of Ecopetrol s Castilla oil rig platform is seen in Castilla La Nueva, Colombia June 26, 2018. REUTERS/Luisa Gonzalez
Earnings before interest, taxes, depreciation and amortization (EBITDA) rose to 9.43 trillion pesos, from 2 trillion pesos in the second quarter of 2020, Ecopetrol said.
As well as significant sales growth, the higher earnings reflect a weak comparative period that saw the company’s finances battered by a combination of lower demand caused by the coronavirus pandemic and increased supply due to an oil price war last year.
Interpol Red Notices re-issued for top ex-FARC boss Ivan Marquez, Colombia says
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