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Ecopetrol Takes Out $1 Billion USD Syndicated Bank Loan
Ecopetrol says the loan will primarily be used to pay existing debt.
Posted On December 27, 2022
Category
//Energy
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Despite Headwinds, Colombian Petroleum Exports Up 53% In 2022
In November, 155 drilling & workover rigs were registered, exceeding the pre-pandemic activity of 136 rigs in January 2020.
Posted On December 20, 2022
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Hidroituango Hydroelectric Dam Is Finally Producing Electricity
Hidroituango is the newest of EPM’s 19 hydroelectric dams.
Posted On December 20, 2022
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EPM Falls Victim To Ransomware Attack
4,000 workers were sent home, and at least 304,000 utility customers in 125 municipalities are affected.
Posted On December 14, 2022
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Auditors: Colombia’s Energy Transition Would Cost 8-11% of GDP Per Year
Colombia may have to choose which is most important between carbon neutrality and investment in social programs.
Posted On December 13, 2022
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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
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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
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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
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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
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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
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