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//lucas aristizabal
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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 On June 8, 2020
, By Loren Moss
off

Latin American Oil & Gas Maintains Low Half Cycle Costs Amid Higher Oil Prices, Says Fitch Ratings

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...
Posted On July 30, 2019
, By Loren Moss
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
off

Fitch Ratings: Ecopetrol’s Reserve Life Could Fall to Less Than Six Years

"Investment reductions are expected to affect its ability to replenish reserves in the long run above production levels," said Lucas Aristizabal of Fitch.
Posted On February 2, 2017
, By Jared Wade
EIG Global Energy Partners’ CEO and Harbour Energy’s co-chairman R. Blair Thomas
off

Harbour / EIG continues pursuing Pacific Exploration & Production, Reduces Tender Offer For Debt To 16% Of Face Value

While initially offering $175 per $1,000 face value of delinquent Pacific Exploration & Production (TSX: PRE) (BVC: PREC) notes due between 2019 and 2015, Harbour Energy subsidiary EIG Pacific Holdings has revised downward its offer to $160 per $1,000 face value, and amended...
Posted On February 11, 2016
, By Loren Moss




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RECENT

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COMMENTS

US President Joe Biden Speaks with Colombia President-Elect Gustavo Petro

Posted On June 22, 2022

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Posted On June 20, 2022
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Posted On June 19, 2022

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