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Álvaro Guillermo Rendón López, the new General Manager of Empresas Públicas de Medellín (EPM) has announced  that the Colombian utility has reached a 3 year labor agreement, signed January 24, between the company and its Sintraemsdes labor union.

Today the Colombian Petroleum Association, (ACP for its initials in Spanish) presented their report on investment trends in exploration & production (E&P) for 2019 and their outlook for 2020, consolidating information from the 26 most important petroleum companies in...

In the Colombian department of Huila, Ecopetrol has begun operations of its colloidal dispersion gels injection plant (CDG) in its Dina Cretaceous field.

Fitch Ratings has assigned a ‘BB+’ rating to TermoCandelaria Power Ltd.’s proposed notes reopening of up to $200 million USD under its 7.875% senior unsecured notes due 2029. TermoCandelaria initially issued $410 million in senior unsecured notes in January 2019...

Carrao Energy parent Arrow Exploration Corp. (TSXV: AXL) has announced that it has negotiated an amendment and extension to its $5 million USD promissory note with Canacol Energy Ltd. (TSX: CNE, BVC: CNE.C, OTCQX: CNNEF) Under terms of the amended note, Arrow agreed to appoint VP...

Finance Colombia has learned that Jorge Londoño De la Cuesta has resigned his post as head of Empresas Públicas de Medellín (EPM), the country’s largest energy provider. Though it was expected De la Cuesta would be replaced by the incoming administration of mayor-elect Daniel...

Arrow Exploration Corp. (TSXV: AXL) has announced the filing of its 2019 third quarter unaudited financial statements and MD&A and the initiation of a strategic alternatives process. Third Quarter Financial and Operating Results Arrow Exploration’s Financial Statements and...

Canacol Energy Ltd. (TSX: CNE; OTCQX: CNNEF; BVC:CNEC) has commenced the production and sale of liquified natural gas (“LNG”), the first such operation in Colombia.  Canacol Energy is also in negotiation with Galileo Technologies to form a joint venture which will install...

Quibdó is the capital of Chocó, Colombia’s largest Pacific-Coast department that is too often neglected by Colombia’s central government when it comes to investment, security and development. Though poverty-stricken and lacking development, Chocó is known for its natural beauty,...

Frontera Energy Corporation (TSX: FEC) last week announced its full year 2020 capital plan and guidance information. According to the company, the 2020 plan and guidance has been developed with the following four key objectives: Delivering sustainable levels of production and...