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Frontera Energy Adds Richard Herbert to Board and Promotes Three New Vice Presidents
Herbert has worked for BP, Philips Petroleum, and Talisman Energy and has experience working in the oil sector in Colombia.
Posted On December 21, 2017
Category
//Energy
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Ecopetrol Strikes Oil in Santander at Coyote-1 Well
Ecopetrol has a 50% stake in the discovery, which is lighter than typical heavy Colombian oil, according to the company.
Posted On December 19, 2017
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Ecopetrol Plans to Ramp Up Exploration and Production in 2018 by Investing up to $4 Billion USD
The exploration plan calls for drilling at least 620 development wells and 12 exploration wells, an increase of around 140 wells over 2017.
Posted On November 27, 2017
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Crucial Court Ruling Could Lead to Higher Taxes for Mining and Oil Firms in Colombia
Colombia’s National Oil Association argues that the court’s ruling does not touch a critical article of Colombia’s tax code, Article 107.
Posted On November 11, 2017
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Colombia Announces First Renewable Energy Auction – Infusing Optimism into a Lagging Sector with Potential
The coming years could be crucial for renewables. If current conditions persist, Colombia could continue to lag behind.
Posted On November 11, 2017
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Ongoing Recovery: Fitch Ratings Upgrades Frontera Energy’s Rating from B to B+
"The rating upgrade reflects Frontera's ability to stabilize its operational and financial performance," stated Fitch Ratings.
Posted On November 5, 2017
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Frontera Energy Sells Interest in Petroelectrica de los Llanos for $56 Million USD
Eléctricas de Medellín – Ingeniería y S.A.S is the buyer in a cash deal for what Frontera Energy called a “non-core asset.”
Posted On October 28, 2017
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Ecopetrol to Establish Energy Marketing Company
Ecopetrol says the main purpose of the the new subsidiary “will be energy generation, conversion, and marketing."
Posted On October 24, 2017
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Ecopetrol and Petronas Sign Agreement to Jointly Pursue Oil and Gas Projects in the Americas
The two state oil companies have already partnered to look for resources off the coast of Mexico.
Posted On October 24, 2017
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Moody’s Rates EPM’s Global Colombian Peso Notes Due in 2027 at Baa2
The notes are being issued to refinance the Medellín utility's $1.0 billion USD syndicated club deal loan due in 2020.
Posted On October 20, 2017
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