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//Energy
isagen colombia FDI
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Colombian Infrastructure Firms’ Credit Downgraded Follow Sovereign Currency Junk Rating

S&P says it may downgrade these companies in case of a similar rating action on Colombia. The firm could lower the sovereign ratings if the potential long-term damage caused by the pandemic, other domestic developments, or new external shocks, prevent the Colombian economy from...
Posted On May 21, 2021
, By Loren Moss
The 3rd
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Colombia Oil & Gas Congress Returns Online 21-25 June, 2021

The 3rd "Colombia Oil & Gas" Online Business Congress and 1-2-1 meetings is an international business platform bringing together flagship oil and gas companies from Latin America and world suppliers for the industry. The Colombia Oil & Gas 2021 Online Business Congress enables...
Posted On May 21, 2021
, By Loren Moss
Jorge Andrés Carrillo Cardoso Appointed As New CEO of EPM
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Jorge Andrés Carrillo Cardoso Appointed As New CEO of EPM

Bond investors and ratings agencies will be watching closely for signs that Carrillo has both the autonomy and acumen to successfully move the company forward while avoiding the political intrigue brewing in Colombia’s second largest city.
Posted On April 29, 2021
, By Loren Moss
After 1 week, Alejandro Calderón Chatet will no longer be CEO of EPM.
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EPM Governance Crisis Deepens: New CEO Alejandro Calderón Chatet Resigns, 1 Week After Being Appointed

The letter of resignation came just hours after a contentious press conference where Calderón wished to discuss his investment plan, but the press, including Finance Colombia, wished to delve into the numerous gaps and inconsistencies in his qualifications.
Posted On April 12, 2021
, By Loren Moss
Alejandro Calderón Chatet is the new CEO of Empresas Públicas de Medellín (EPM).
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Alejandro Calderón Chatet Appointed CEO of EPM

Calderón has a background in finance and investment, working as a credit analyst for Standard & Poor in Paris, serving as the Colombian consul in Boston, Massachusetts during the Juan Manuel Santos administration, and holding several investment banking roles in Bogotá.
Posted On April 6, 2021
, By Loren Moss
EPM General Manager Alvaro Rendón (left) with Medellín Mayor Daniel Quintero (photo credit: EPM)
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Medellín’s Mayor Quintero To Be Deposed Over Firing Of EPM General Manager

According to former GM Rendón in several interviews, the mayor fired him due to his resistance of the mayor's interference in EPM’s internal management, contrary to the established corporate governance framework that allows EPM to operate as a business without direct political...
Posted On March 11, 2021
, By Loren Moss
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Frontera Energy Appoints New CEO, Issues 2021 Guidance

Since the new Frontera emerged in November 2016, Frontera has made tremendous progress. The team has improved Frontera's performance and reputation, exited underperforming assets and agreements, driven down costs, and maintained a strong production and financial profile...
Posted On March 10, 2021
, By Loren Moss
The measurements are carried out by means of a 150-meter-high meteorological tower that was installed in a lot near the oil producer’s Cartagena refinery.
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Ecopetrol Investigating Wind Energy Feasibility In Cartagena, Huila, Casanare

The company estimates that in the second half of this year it will also begin wind energy potential measurements in the Colombian departments of Huila and Casanare on land adjacent to its local operations in those regions.
Posted On March 10, 2021
, By Loren Moss
Ecopetrol President Felipe Bayón
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Ecopetrol Announces 2020 & Q4 Results, President Defends ISA Deal

Ecopetrol reports sales down 23.6% year-on-year for the 4th quarter of 2020, to 14,190 trillion Colombian pesos, or 3.95 billion USD. Full year sales are down 29.4% to 13.8 billion. The company was able to report net income of 1.7 trillion pesos, or $471 million USD.
Posted On March 2, 2021
, By Loren Moss
Vostock LNG 2021
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Invitation: Participate In The 1st LNG Online Congress in Latin America, the Caribbean and Brazil

In the virtual platform of Vostock Capital you will be able to attend all the scheduled conferences, look for the participants and hold 1 to 1 video meetings with them or have a conversation via chat, allowing you to do business and contacts from anywhere in the world.
Posted On March 2, 2021
, By Loren Moss
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