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At the behest of Colombia’s National Environmental Licensing Authority (ANLA) scientists from the United States government spent two weeks in Colombia observing and analyzing the environmental impacts of the Hidroituango contingency, the troubled hydroelectric dam construction...

According to ratings firm Fitch, Half-cycle costs for Latin American oil and gas companies increased only slightly in 2018 by 3 percent, versus an 11 percent increase the prior year, according to a new  report the firm issued. “The 2018 increase was caused by higher lifting...

Colombia’s First Renewable Energy Auction has been set for October 22, 2019. The government has published the PPA (Power Purchase Agreement) contract and its terms of reference.  There have been several relevant modifications to the auction’s design intended t...

Fluor Corporation (NYSE: FLR) announced yesterday that Stork, part of Fluor’s Diversified Services segment, together with its consortium partners, was awarded a 4-year framework agreement for plant turnaround services by Ecopetrol S.A. (NYSE: EC BVC: ECO) for its Barrancabermeja...

Toronto based upstream petroleum producer Frontera Energy Corporation (TSX: FEC) announced today that the company will be added to the Standard & Poor’s TSX Composite Index, effective prior to the open of trading on Monday, June 24, 2019. The Frontera is also being added to...

Medellín based professional services firm Unido Digital has launched a physical asset due diligence, compliance and verification practice to service the investment community, including investment banks, private equity firms, law firms, corporate investors, and high-net-worth...

Moody’s Investors Service has affirmed the Baa2 issuer rating of Interconexion Electrica S.A. E.S.P. (ISA). (OTCQX: IESFY) (BVC: ISA) At the same time, Moody’s revised the outlook to stable from negative. This action follows Moody´s recent rating action on the...

Frontera Energy Corporation (TSX: FEC) on May 29 held its annual general and special meeting of shareholders where each of the seven nominees proposed as directors and listed in the Frontera’s management proxy circular dated April 18, 2019 were elected as directors. A total of...

Fitch Ratings ratified the BBB international rating and the AAA and F1 + national long and short-term ratings, respectively, of ISAGEN S.A. E.S.P., all with stable perspective. Likewise, it affirmed the AAA rating of local bond issuances of ISAGEN, and the AAA and F1 + the long...

Colombia’s house of representatives approved as part of its National Development Plan last week, authorization for the Ministry of Mines & Energy to study the possibility of introducing Hydraulic Fracturing, nicknamed “Fracking,” in Colombia. The unconventional petroleum and...