In addition to the investigation into his role in the presidential campaign and appointment of the president of ISA, Roa is also allegedly implicated in a corruption scandal at Ecopetrol
Air-E, serving 1.2 million users in Colombia's Caribbean coastal region, is now under government intervention due to financial instability and high losses.
Amidst the backdrop of a government hostile to petroleum, now Shell leaves Colombia's offshore gas sector, joining other majors in exiting as production drops 48%.
Fitch has affirmed Aguas Regionales EPM S.A. E.S.P. at 'AA-(col)' with a stable outlook, removing the negative watch. Emvarias also affirmed at 'AA+(col).