The Alma Air CEO explains what comes next as the Colombian government approves the company moving forward with preparations to launch floatplane service.
The acquisition allowed OCENSA to invest its excess cash in an asset that Fitch expects to generate stable, permanent dividend cash flows for the company.
With the culmination of the purchase of a controlling 51.4% stake in Interconexión Eléctrica ("ISA"), the quarterly figures include the consolidated results of this subsidiary for one month.
Starting today, all of Antioquia, including Medellín is under a 5pm-5am daily COVID-19 curfew and alcohol ban. Hospital intensive care wards have reached 95% capacity in some parts of the department. Normally this is the busiest travel and leisure week of the year in Colombia.
Ecopetrol reports sales down 23.6% year-on-year for the 4th quarter of 2020, to 14,190 trillion Colombian pesos, or 3.95 billion USD. Full year sales are down 29.4% to 13.8 billion. The company was able to report net income of 1.7 trillion pesos, or $471 million USD.
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...
US Marines Special Purpose Marine Air-Ground Task Force under the US Military Southern Command and Colombia’s Infantería de Marina de Colombia begin a week of Humanitarian Assistance/Disaster Relief (HA/DR) rehearsals and Subject Matter Expert Exchanges (SMEEs), in Coveñas,...
State owned petroleum company Ecopetrol and its subsidiary Cenit has commenced operation of two new hydrocarbon storage tanks in the Coveñas maritime terminal, Colombia’s primary petroleum shipping port. The two new tanks, each with capacity of 420,000 barrels, are part of a...