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ELN Guerrillas Allegedly Kidnap Ecopetrol Contractor in Arauca
The abduction reportedly occurred around 7:30 am on the day that the UN head arrived in Colombia to discuss the nation’s peace process.
Posted On January 14, 2018
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//oil
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With Oil Prices Rising, Colombian Peso Strengthens to Three-Month High
With oil prices jumping on supply disruptions in Iran and Europe, the Colombian currency reached 2,902 pesos to the dollar.
Posted On January 4, 2018
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Colombian Exports Increased by 6.7% in November as Oil Prices Climbed
“This is a sign of the road to recovery,” said Colombian Minister of Commerce, Industry, and Tourism María Lorena Gutiérrez.
Posted On January 3, 2018
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Frontera Energy Completes Reorganization of Colombian Operations and Projects Higher Production Figures
The Canadian oil company's operations in the country are now held by the Colombian branch of Meta Petroleum Corporation, a wholly owned subsidiary.
Posted On December 24, 2017
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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
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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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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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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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