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When the catastrophic flooding occurred on April 18, 2018, 18 transformers had been installed, but were submerged for 9 months when engineers had to flood the power generation chamber to save the rest of the structure. This left the transformers completely destroyed,...

By the end of 2020, the Ecopetrol Group's net proven reserves totalled 1,770 million barrels of oil equivalent (MBOE), which represents a 6.5% decrease versus 2019 (1,893 MBOE). The reserves replacement ratio was 48%, with an average reserve life of 7.5 years.

Olga Lucia Arango, president of SINPRO, EPM's largest labor union, expresses in a letter shared with Finance Colombia, the union's grave concerns with the behavior of, and public battle between Medellín Mayor Daniel Quintero and EPM former GM Alvaró Rendón, who was both hired...

The Puerto Solo Energy Hub Port Complex intends to facilitate international trade by receiving and delivering imported natural gas to the Pacific region of Colombia, providing storage and pipeline infrastructure to store and deliver 1.8 million barrels of fuel into the Colombian...

According to Rendón on radio interviews he gave with Colombian radio stations Blu Radio and W Radio, Mayor Quintero has led a hostile takeover of EPM. In the interviews, Rendón accused the mayor of attempting to install his private secretary, Camila Villamizar, on various EPM...

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.

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.

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.

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...

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.