Finance Colombia

oil drilling rig (Photo credit: ARMBRUSTERBIZ / Pixabay)

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Frontera Energy Elects Directors, Announces Dividend

Frontera Energy Corporation (TSX: FEC) on May 29 held its annual general and special meeting of shareholders where each of the seven nominees proposed as directors and listed in the Frontera’s management proxy circular dated April 18, 2019 were elected as directors. A total of...

Posted On June 14, 2019

, By Loren Moss

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Fitch Ratings Ratifies Colombian Power Generator Isagen At AAA and F1+ & BBB International Rating

Fitch Ratings ratified the BBB international rating and the AAA and F1 + national long and short-term ratings, respectively, of ISAGEN S.A. E.S.P., all with stable perspective. Likewise, it affirmed the AAA rating of local bond issuances of ISAGEN, and the AAA and F1 + the long...

Posted On May 20, 2019

, By Loren Moss

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New petroleum Industry Event, “Colombia Oil & Gas” To Be Held In Bogotá July 10-11

The upcoming international congress and exhibition “COLOMBIA OIL AND GAS” is a business platform for developing effective strategies, sharing experiences, presenting new investment projects and innovations, consolidating efforts of governments and business to implement oil and...

Posted On April 24, 2019

, By Loren Moss

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Regional Petroleum Trade Association Seeks More Women Leaders in Oil & Gas

The Regional Association of Oil, Gas and Biofuels Sector Companies in Latin America and the Caribbean (ARPEL) has announced last week its signature of the statement of support to the Women’s Empowerment Principles promoted by UN Women and the United Nations Global Compact....

Posted On April 22, 2019

, By Loren Moss

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EPM Pauses Sale of ISA Shares

Medellín based utility company EPM (Empresas Públicas de Medellín) announced last week that it has decided to pause the planned first stage of the sale of its shares in Interconexión Eléctrica S.A. (ISA). Currently, in this process, 112,605,547 ordinary shares, equivalent to...

Posted On March 26, 2019

, By Loren Moss

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Frontera Energy Beats 2018 Guidance, Declares Dividend, Ups Stake In CGX

Frontera Energy (TSX:FEC) achieved or exceeded its original 2018 guidance targets, with the exception of production guidance where it achieved revised guidance. Average production before royalties of 71,032 boe/d (within guidance range of 70,000 to 72,000 boe/d), operating EBITDA...

Posted On March 19, 2019

, By Loren Moss

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Hidroituango Dam Failure in Central Colombia Forces Evacuation of Thousands and Leaves Downriver Communities at Risk of Devastation

The failure of a massive, under-construction hydroelectric dam in Colombia has forced thousands of people to evacuate their homes.

Posted On May 21, 2018

, By Jared Wade

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Fitch Ratings Affirms BBB+ Rating for Publicly Controlled Colombian Electric Company ISA

“ISA's credit metrics reflect solid cash flow generation, moderate debt levels and adequate liquidity,” stated Fitch.

Posted On May 20, 2018

, By Jared Wade

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LatAm Energy Forum 2018 To Be Held In Santiago, Chile

From April 3-4, the Chilean capital will host discussions on regional energy policies, regulatory frameworks, renewable energies, natural gas, electrical transmission, and project financing, among others issues.

Posted On March 27, 2018

, By Loren Moss