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Category

//Energy
3

Alvaro Rendón Ousted From EPM By Quintero’s Board of Directors

During a board meeting yesterday called by EPM (Empresas Públicas de Medellín) CEO Alvaro Rendón after Medellín Mayor Daniel Quintero asked for his resignation, the board of directors, appointed entirely by Mayor Quintero, confirmed his firing.
Posted On February 2, 2021
, By Loren Moss
EPM General Manager Alvaro Rendón (left) with Medellín Mayor Daniel Quintero (photo credit: EPM)
2

More Turmoil At EPM: CEO Alvaro Rendón Dares Medellín Mayor Daniel Quintero To Fire Him

EPM General Manager Alvaro Rendón says he will resign only after meeting with the Board of Directors, despite Medellín Mayor Daniel Quintero's request for his head; this just days after Quintero dismissed Rendon's ouster as politically motivated false rumors.
Posted On February 1, 2021
, By Loren Moss
The Colombian Petroleum Association (ACP)
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Colombia’s Petroleum Sector Bullish On Exploration & Production In 2021

Colombia's petroleum industry group projects investment in oil and gas exploration and production (E&P) for 2021 between $3.1 and $3.45 billion USD, 51% higher than that of 2020.
Posted On January 29, 2021
, By Loren Moss
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Ecopetrol Seeks To Purchase Control of ISA From Colombian Government

he fact that Ecopetrol has gone public with its intentions indicates the near certainty that a deal has been agreed upon in advance within Colombia’s government. It also reveals an intention of the Colombian government to raise cash without further direct indebtedness, by selling...
Posted On January 27, 2021
, By Loren Moss
Image by Manuel de la Fuente from Pixabay
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MPC Capital Raises $100 Million USD To Build Green Energy Plants in Colombia, Jamaica, El Salvador

On the company website, it lists 5 projects under development in Colombia, plus one each in El Salvador and Jamaica, and says all projects will start construction in the second half of this year, and begin energy production at the end of 2022.
Posted On January 26, 2021
, By Loren Moss
Interior Tunnel Hidroituango
1

EPM’s Hidroituango Mediation Talks With Contractors Collapse, Warring Lawsuits Filed

While EPM seeks a litigation jurisdiction of Antioquia Administrative court, the consortium is countersuing in an international court, away from potential political influence in Antioquia’s capital of Medellín.
Posted On January 18, 2021
, By Loren Moss
ISAGEN Medellín.
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Isagen Purchases Two Solar Plants In Meta, Colombia

Colombian power generator Isagen has announced the acquisition of its first two solar plants in Colombia. The Llanos 4 and Llanos 5 plants are located in Puerto Gaitán, Meta with 27.4 MWp* and 25 MWp respectively. The solar facilities are expected to be operational in early 2022....
Posted On January 18, 2021
, By Loren Moss
GE Ferrule for Hidroituango
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Turbine Replacement Begins At EPM’s Hidroituango Dam

After manufacturing, the units had to be shipped from Santos, Brazil to Colombian ports in the Caribbean, then deployed over roads as oversized cargo to the rural site of the Hidroituango hydroelectric dam in northern Antioquia.
Posted On January 18, 2021
, By Loren Moss
Felipe Bayon Ecopetrol Colombia Oil
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Ecopetrol CEO Felipe Bayón Innocent, No Longer Faces Jail, Rules Colombian Court

Furthermore, Ecopetrol presented in its defense a medical board’s findng that “the former worker has maladaptive personality traits that limit the therapeutic response, despite the multiple pharmacological schemes ordered by psychiatry and the supportive psychotherapy carried out...
Posted On December 17, 2020
, By Loren Moss
Ecopetrol President Felipe Bayón
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Arrest Order issued For Ecopetrol President Felipe Bayón

The president of Colombia’s largest company, oil giant Ecopetrol (NYSE: EC)) is facing arrest after a judge in the capital of Colombia’s Nariño department issued a warrant for his detention.
Posted On December 8, 2020
, By Loren Moss
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