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//Energy
Medellín Mayor Daniel Quintero (photo Twitter)
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Chinese Consortium Sole Bidder To Finish EPM’s Hidroituango

2 years ago, the president of EPM's largest union told Finance Colombia the mayor wanted a Chinese firm to replace the consortium.
Posted On December 7, 2022
, By Loren Moss
The space where turbines 5-8 will eventually go, once a contractor is selected and insurance is found. (photo: Loren Moss)
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EPM Postpones Hidroituango Bid Opening For A Fifth Time; Now Cites “Insurance Difficulties”

Whatever contractor that wins the bid will likely do so at a price that takes into account the added uncertainty and liability.
Posted On November 8, 2022
, By Loren Moss
Carlos Gustavo Cano (left) and Saul Kattán
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What Is Behind The 24-Hour Board Chairmanship Flip-Flop At Ecopetrol?

Citigroup said in a statement that the confusion sends the wrong message and challenges board independence.
Posted On November 4, 2022
, By Sonia Romero
EPM Empresas Publicas Medellin (Photo credit: EPM)
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EPM Announces Year To Date Financial Results

As of September, EPM has transferred $1.6 billion to the District of Medellín. Q3 revenues were $9.8 billion COP
Posted On November 1, 2022
, By Loren Moss
Hidroituango Unit 3
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EPM Awards Hidroituango Contract To Schrader Camargo S.A.S.

EPM is changing contractors in the middle of the Hidroituango hydroelectric project, ousting the consortium that initially won the contract.
Posted On November 1, 2022
, By Loren Moss
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Frontera Energy To Release Q3 Results, Hold Investor Call & Open House

Frontera will also host an investor open house for analysts, investors, shareholders and bondholders on November 15 at its Bogotá offices.
Posted On November 1, 2022
, By Loren Moss
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More Turmoil As EPM Cancels 3rd Hidroituango Press Conference, Postpones Bid Date 4th Time: Medellin’s Mayor Quintero Blames ‘Rats’

Friday, a press conference due to be held at the 2,400 megawatt, $5 billion USD Hidroituango hydroelectric dam featuring Medellín’s Mayor Daniel Quintero was canceled just hours before it was to take place. This was the third consecutive press conference to discuss the project’s...
Posted On October 16, 2022
, By Loren Moss
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Standard & Poor’s Keeps Ecopetrol’s Rating As BB+ With Stable Outlook

Besides Colombia. Ecopetrol has assets in the US, Brazil, México, Chile, Peru, Bolivia and Chile.
Posted On July 3, 2022
, By Loren Moss
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Post election challenges for Colombia’s Petroleum Sector. Will Gustavo Petro shut it down?

This is the presentation given by Finance Colombia's Loren Moss on June 24th at Vostock Capital's Colombia Oil & Gas Congress in Bogotá
Posted On July 3, 2022
, By Loren Moss
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Invitation: Urgent Conference For Petroleum Sector Thursday & Friday In Bogotá

What do the election results mean for Colombia's oil & gas sector? Join colleagues this Thursday and Friday in Bogotá to discuss!
Posted On June 14, 2022
, By Loren Moss
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