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//Pemex
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 On June 8, 2020
, By Loren Moss
0

Coronavirus A Threat To Colombia, Latam Economies, Even Without Infections Says Fitch

Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.
Posted On February 27, 2020
, By Loren Moss
Ecopetrol Mexico Exploration Blocks 375
off

Ecopetrol Signs Contracts to Formalize Exploration Bids in Mexican Waters

"We are very pleased with the arrival in Mexico, a new milestone in the history of Ecopetrol," said company president Felipe Bayón Pardo.
Posted On October 3, 2017
, By Jared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
off

Ecopetrol Forms New Subsidiary in Mexico with Eyes on Exploration

The new Ecopetrol subsidiary will be responsible for the subscription and execution of the petroleum contracts that the company has in Mexico.
Posted On July 13, 2017
, By Jared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
off

Ecopetrol Wins Two Shallow-Water Blocks in Mexican Auction

Ecopetrol is partnering with Pemex on one block and the Mexican subsidiary of Malaysian oil company Petronas on the other concession.
Posted On June 23, 2017
, By Jared Wade
odebrecht
off

Odebrecht Pleads Guilty Bribery Charges, Agrees to at Least 3.5 Billion USD in Penalties

Some $11 million of these bribes were made in Colombia, where officials have responded by threatening to void tainted project awards.
Posted On December 22, 2016
, By Jared Wade




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RECENT

POPULAR

COMMENTS

The World’s 50 Best Restaurants today reveals Leonor Espinosa of Leo, Bogotá, as the 2022 winner of The World’s Best Female Chef Award, sponsored by Nude Glass

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Posted On May 18, 2022
Grand Bahamas photo © Loren Moss

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Posted On May 18, 2022
Roberto Kriete, avianca's main shareholder and chairman of the Board of Directors.

Shareholders Of Viva, Avianca & Gol Announce The Creation Of Abra Group To Dominate South American Skies

Posted On May 11, 2022

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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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