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Tag

//petroleum
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Op-Ed: Colombians Voted for Change, but Not as Expected

Petro, who is praised by his friends for his “solid Marxist foundation,” plans to ban all exploration of oil, Colombia’s main export, to expropriate the nearly $100 billion that are now saved in individual, private pension accounts, and to print money to pay for public spending...
Posted On June 13, 2022
, By Daniel Raisbeck
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What Jumps Out – Financial Opinion Surveys

Sectorially, financials (94.1%) are the top pick followed by Energy (82.4%), while oil has dropped away to 35.3%.
Posted On May 24, 2022
, By Rupert Stebbings
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S&P Global Ratings Ranks Ecopetrol’s ESG Evaluation As 58, “Preparedness Adequate”

Ecopetrol's ESG Evaluation score of 58 reflects that compared to sector peers, Ecopetrol has a good management of its environmental and social risks in a highly exposed industry. In
Posted On March 28, 2022
, By Loren Moss
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Ecopetrol 2021 Revenues Up 83.4% Over 2020

4th quarter consolidated revenue amounted to COP 31.8 trillion, net income of COP 6.1 trillion, and EBITDA of COP 14.0 trillion with an EBITDA margin of 44%
Posted On March 2, 2022
, By Loren Moss
It's hard not to be happy when your President announces from Brussels that 2021 growth will be at least 10.2% in 2021
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What Jumps Out – A Double Edged Sword (10.2% Growth In 2021)…

It's hard not to be happy when your President announces from Brussels that 2021 growth will be at least 10.2% in 2021
Posted On February 15, 2022
, By Rupert Stebbings
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Colombian Government Issues 30 New Petroleum Concessions

These new awards bring the total to 69 petroleum drilling concessions issued under the Duque Administration.
Posted On January 19, 2022
, By Loren Moss
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Fitch Keeps Ecopetrol S.A. At BB+ With A Stable Outlook

Fitch highlighted the company's linkage to the Republic of Colombia, which currently owns 88.5% of the voting shares, as well as the strategic importance of the company for the country.
Posted On December 14, 2021
, By Loren Moss
Photo courtesy of MinCIT
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Colombian Non-Mining/Petroleum Exports Surge To 13-Year High

84.5% of what Colombia exports to the world in non-mining, non fuel products goes to countries with which the country has a current free trade agreement. Today there are 17 bilateral and multilateral trade agreements with approximately 65 countries. Growth in exports to these...
Posted On September 6, 2021
, By Loren Moss
Ecopetrol Huila colloidal dispersion gels injection plant (CDG) in its Dina Cretaceous field
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S&P Reaffirms Ecopetrol At BB+ After ISA Acquisition

S&P left Ecopetrol's individual standalone credit rating at 'bbb- ' with stable outlook, the company announced last week, after its acquisition of electrical grid operator ISA.
Posted On August 26, 2021
, By Loren Moss
The 3rd
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Colombia Oil & Gas Congress Returns Online 21-25 June, 2021

The 3rd "Colombia Oil & Gas" Online Business Congress and 1-2-1 meetings is an international business platform bringing together flagship oil and gas companies from Latin America and world suppliers for the industry. The Colombia Oil & Gas 2021 Online Business Congress enables...
Posted On May 21, 2021
, By Loren Moss
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