Stowvat Investments Limited: Colombia’s Ecopetrol says net profit up 74.6 percent in 2018 to $3.72 bln

Stowvat Investments Limited

Stowvat Investments Limited is a leading marketer and trader of various Nigerian light crude oil and refined petroleum products worldwide. The secret of Stowvat Investments Ltd's success is based on our continuous developing strategies that guarantee quick delivery at competitive discounted prices that many buyers cannot find elsewhere.

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Through our Associate Crude Oil Marketers and Financiers, we remove fear of non performance with high percentage of performance bond or through bearing the costs of BG/SBLC transmission to our Bank. In TTO/TTT Transactions we offer APG (Advanced Payment Guarantee) equal to the amount of funds our buyers pay to us for Logistics as part of their capability.

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Thursday, 28 February 2019

Colombia’s Ecopetrol says net profit up 74.6 percent in 2018 to $3.72 bln

28 February 2019, Bogota — Ecopetrol, Colombia’s state-run oil company, said on Tuesday its net profit in 2018 was 11.55 trillion pesos ($3.72 billion), 74.6 percent higher than in 2017. Fourth-quarter net profit fell to 2.64 trillion pesos, down 22.8 percent from the same period in 2017, the company said. Like and follow on facebook & … More »