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//Energy
EPM Headquarters Building in Medellín's Plaza Mayor
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EPM’s New Dollar-Denominated Debt Rated As BBB By Fitch

Fitch Ratings has assigned a long-term 'BBB' rating to Empresas Publicas de Medellin E.S.P.'s (EPM) proposed senior unsecured U.S. dollar debt issuance that matures in 2031. Fitch has also assigned a long-term 'BBB' rating to the company's proposed reopening of its 8.375% senior...
Posted OnJuly 8, 2020
, ByLoren Moss
0

Finance Colombia Readers Invited On Virtual Tour of Ecopetrol’s Cartagena Refinery

Finance Colombia readers are invited to attend a virtual tour around the production site of Ecopetrol’s Cartagena Refinery within the Online Business Congress and one-on-one Meetings during the “Colombia Oil and Gas 2020” congress July 22-24.
Posted OnJune 11, 2020
, ByLoren Moss
Ecopetrol Barrancabermeja Oil Spill Santander 2
0

Cenit Activates Contingency Plans Due To Series of Pipeline Attacks This Week

Cenit, an Ecopetrol Group subsidiary company, has informed that it activated the contingency plan in the pipelines of Caño Limón-Coveñas and Bicentenario to address the emergencies caused by seven attacks that have taken place since last Saturday in Arauca, Boyaca and Norte de...
Posted OnJune 8, 2020
, ByLoren Moss
0

Report: Latin American Petroleum Profits Will Be Only 1/3 Of 2019

During 2020, Latin American oil and gas companies' profitability is expected to decline to one third of 2019 levels, while cash flow is expected to remain under pressure through 2021 as recovery will likely be protracted, according to a new Fitch Ratings report.
Posted OnJune 8, 2020
, ByLoren Moss
0

Colombia Oil & Gas 2020 To Be Held Online July 22-24

The 2nd Online Business Congress and One-on-One meetings event “Colombia Oil And Gas 2020” is an international, professional platform, bringing together flagship oil and gas companies from Latin America and world suppliers for the industry. The Colombia Oil and Gas...
Posted OnMay 25, 2020
, ByLoren Moss
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
0

Gran Tierra Energy Announces Q1 2020 Results

Gran Tierra Energy announced that its net loss was $252 million compared with net income of $27 million in the Prior Quarter, due to lower revenues primarily from the collapse in oil price
Posted OnMay 25, 2020
, ByLoren Moss
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
0

Ecopetrol Announces Q1 2020 Results

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announced last week the Ecopetrol Group’s financial results for the first quarter of 2020, prepared in accordance with International Financial Reporting Standards (IFRS) applicable in Colombia. Table 1: Financial Summary of Income...
Posted OnMay 25, 2020
, ByLoren Moss
0

Frontera Energy’s Cost Cutting Is a Positive Development, Says Fitch

Fitch Ratings believes Frontera Energy's (TSX: FEC) cost cutting initiative and reduction in production volumes are positive developments to preserve the company's strong liquidity position.
Posted OnMay 18, 2020
, ByLoren Moss
Image by Sebastian Ganso from Pixabay
0

Gran Colombia Gold To Purchase 11.2 MW Solar Project In Tolima

Gran Colombia Gold has announced a deal with Renergetica to purchase the 11.2 MW Suarez Solar Project In Tolima, Colombia
Posted OnMay 18, 2020
, ByLoren Moss
Image by Franz W. from Pixabay
0

Colombia Imposes Countervailing Tariffs On US Ethanol

Of the total corn subsidies paid by the US government, 68.7% went towards the production of ethanol, amounting to $0.06646 USD per kilogram subsidy.
Posted OnMay 11, 2020
, ByLoren Moss
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RECENT

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COMMENTS

Tecnoglass window-making factory in Barranquilla, Colombia. (Photo credit: Liliana Padierna)

Tecnoglass To Hold Q1 2021 Earnings Call The Morning Of May 7

Posted On April 13, 2021

Etek Launches Identity & Access Management Service

Posted On April 13, 2021

GCA Airlines Files To Fly New Routes To Bucaramanga, Santa Marta, San Andrés & Pereira, Colombia

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Photo montage courtesy EPM

EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

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