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//Promigas
Natural gas well. (Photo credit: Ken Doerr)
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NG Energy Brings Badly Needed Natural Gas Production Online In Colombia at Sinu-9 SIte

NG Energy also reported an increase to its line of credit facility with Macquarie Group by an additional US$12 million, raising the total to US$25.6 million.
Posted On November 5, 2024
, By Loren Moss
Naturgas plant
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Concern Over Natural Gas Supply Stability Grows After Public Tender for Plant in Colombian Pacific Region Is Called Off Again

With this marking the second failed tender, many are concerned for the long-term gas supply in a region that lacks infrastructure and stability.
Posted On September 12, 2023
, By Gustavo Mejia
Attendees on stages at WeTrade 2022.
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WeTrade 2023 Business Fair on Diversity, Equity, and Inclusion Comes to Bogotá from July 27-28

WeTrade 2023's theme is “The Power of Diversity," a concept that will be addressed by speakers from Coca-Cola, Grupo Prisa, Promigas, and more.
Posted On July 25, 2023
, By Elle F. Yap
Felipe Bayon Ecopetrol Colombia Oil
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Ecopetrol Announces Record Increase in Revenues for 2022

Ecopetrol announced a record increase in revenue for 2022, and shared the progress of some of their programs looking into the future.
Posted On March 15, 2023
, By Elle F. Yap
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What Jumps Out: Quite The Week

Inflation seeks to be the highest in Colombia since 1999 based on DANE statistics.
Posted On February 3, 2023
, By Rupert Stebbings
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Fitch Downgrades EPM Credit Ratings From BBB- To BB+ After City of Medellín Credit Downgrade

Fitch views EPM's corporate governance as weak due to the strong influence exerted by the company's owner, the City of Medellin. EPM has an ESG Relevance Score of '4', which reflects the company's recent instability in board membership and indicates that the score has a negative...
Posted On July 13, 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
2

Fitch Downgrades EPM, Citing “Deterioration Of Corporate Governance” After Medellín Mayor’s Usurpations

After the entire board of directors resigned in protest of Medellín Mayor Daniel Quintero's usurpation of board prerogative and corporate governance, international ratings firm Fitch has downgraded EPM's credit rating, and placed it on a negative ratings watch.
Posted On August 17, 2020
, By Loren Moss
EPM Headquarters Building in Medellín's Plaza Mayor
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EPM’s New Dollar-Denominated Debt Rated As BBB By Fitch

Fitch Ratings has assigned a long-term 'BBB' rating to Empresas Publicas de Medellin E.S.P.'s (EPM) proposed senior unsecured U.S. dollar debt issuance that matures in 2031. Fitch has also assigned a long-term 'BBB' rating to the company's proposed reopening of its 8.375% senior...
Posted On July 8, 2020
, By Loren Moss
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Colombia Oil & Gas 2020 To Be Held Online July 22-24

The 2nd Online Business Congress and One-on-One meetings event “Colombia Oil And Gas 2020” is an international, professional platform, bringing together flagship oil and gas companies from Latin America and world suppliers for the industry. The Colombia Oil and Gas...
Posted On May 25, 2020
, By Loren Moss
12

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