Ecopetrol Files Form 20-F (2020)
(Ecopetrol, 9.Apr.2021) — Ecopetrol S.A. announced the filing of its annual report under Form 20-F for the fiscal year ended 31 December 2020 with the U.S. Securities and Exchange Commission (SEC)....
Colombia Oil Workers Join Anti-Fracking Campaign
(Reuters, 6.Apr.2021) — Colombia’s largest oil union has joined anti-fracking activists to oppose the development of non-conventional energy deposits and demand a quicker transition to renewable energy, campaigners said on...
LatAm Briefs: Biking Cuts Emissions, Reficar Case Ruling
(Energy Analytics Institute, 4.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: biking reducing transport emissions by 67% and Colombia’s comptroller general preparing a tax ruling for...
LatAm Briefs: Argentina’s IMF Payments, Odebrecht Arrest Warrants
(Energy Analytics Institute, 30.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina only paying the IMF around $3.1bn in interest and arrest warrants being issued for...
Ecopetrol On Shareholders’ Meeting
(Ecopetrol, 29.Mar.2021) — Ecopetrol S.A. announced that at the ordinary General Shareholders' Meeting, held on 26 March 2021, the company's Shareholders approved the following: 1. The earnings distribution proposal presented...
Promigas To Host Virtual Investor Day
(Promigas, 29.Mar.2021) — Promigas S.A. E.S.P. will host a virtual Investor Day event on 29 April 2021 from 9:30 a.m. to 12:00 p.m. Eastern Time (8:30 to 11:00 a.m. Bogota...
Committee Named For ISA Valuation
(Ecopetrol, 26.Mar.2021) — Ecopetrol S.A. reports that its Board of Directors, within the context of the potential acquisition of the 51.4% of the outstanding shares currently owned by the Ministry...
LatAm Briefs: Petrobras Form 20-F, Ecopetrol Eyes Net Zero
(Energy Analytics Institute, 25.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Brazil’s Petrobras filing its Form 20-F for 2020 and Colombia’s Ecopetrol announcing its commitment and...
Ecopetrol Eyes Net Zero Emissions By 2050
(Ecopetrol, 25.Mar.2021) — In line with its commitment to mitigate climate change, further the energy transition and its TESG agenda[1], Ecopetrol Group announces its goal of net zero emissions by...
Favorable Conciliation Deal Between Frontera, CENIT And Bicentenario
(Frontera Energy, 24.Mar.2021) — Frontera Energy Corporation, Cenit Transporte y Logística de Hidrocarburos S.A.S. and Oleoducto Bicentenario de Colombia S.A.S. separately announced today that the Office of the Attorney General...
Ecopetrol On Board Member Nominee
(Ecopetrol, 19.Mar.2021) — Ecopetrol S.A. announced in accordance with the agreement of the Nation's Declaration as the majority shareholder, and in compliance with standing procedures, the representatives of the hydrocarbon...
LatAm Briefs: Ambar Eyes Bolivian Gas, PDVSA Shuts Cardón Refinery
(Energy Analytics Institute, 16.Mar.2021) — Energy briefs from the Latin America and Caribbean regions Bolivia and Venezuela including Ambar executives seeking a deal for piped gas from Bolivia’s YPFB, PDVSA...
Frontera Announces Normal Course Issuer Bid
(Frontera, 15.Mar.2021) — Frontera Energy Corporation announces that the Toronto Stock Exchange (TSX) has accepted its notice to initiate a normal course issuer bid (the "NCIB") for its common shares....
LatAmNRG Briefs: YPF Fuels, Colombian Fracking
(Energy Analytics Institute, 15.Mar.2021) — Energy briefs from the Latin America and Caribbean regions Argentina, Colombia and Venezuela including: Tenaris snatches up Baker Hughes Argentina, YPF raises fuel prices again,...
EPM On Success Of Modular FACTS
(Smart Wires, 10.Mar.2021) — EPM innovates to serve their customers by investing in solutions that improve quality of life throughout their service territory. To fulfil this purpose, EPM announces its...
Frontera Reports YE:20 Reserves
(Frontera, 3.Mar.2021) — Frontera Energy Corporation announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (D&M). All dollar amounts in this news release and the...
Frontera Announces CEO Succession
(Frontera, 3.Mar.2021) — Frontera Energy Corporation announced the appointment of current director Orlando Cabrales Segovia as Chief Executive Officer. The company also provided an update on its 2021 Strategic Plan,...
Chinese Loans To LatAm Plunge As Virus Strains Ties
(AP, 24.Feb.2021) — It seemed like a match made in finance heaven. In 2010, China, its economy roaring and state companies looking to expand globally, set its eyes on Latin...
Ecopetrol Earnings Results Call Transcript For 4Q:20
(Seeking Alpha, 24.Feb.2021) — Colombia’s Ecopetrol S.A. announced results of operations for the fourth quarter of 2020. Details from the related earnings conference call held on 24 February 2020 follow:...
Ecopetrol: 2020 Earnings Distribution Proposal
(Ecopetrol, 23.Feb.2021) — Ecopetrol S.A. hereby informs of the company's 2020 earnings distribution proposal, approved by its Board of Directors, which will be submitted for the consideration of the General...
Ecopetrol Reports 4Q:20 And YE:20 Results
(Ecopetrol, 23.Feb.2021) — Ecopetrol S.A. reported today the financial results of the Ecopetrol Group for the fourth quarter and the cumulative results for 2020, prepared in accordance with the International...
Ecopetrol Minority Owners Nominate Candidate
(Ecopetrol, 23.Feb.2021) — Ecopetrol S.A. informs that in accordance with the subscription of the Declaration of the Nation as majority shareholder and the established procedure, the representatives of the minority...
Ecopetrol Adopts Measures For Shareholders’ Meeting
(Ecopetrol, 23.Feb.2021) — Ecopetrol S.A. reports that in order to comply with the provisions of Part III Title I Chapter VI of the Basic Legal Circular issued by the Financial...
Ecopetrol’s Annual General Shareholders’ Meeting
(Ecopetrol, 23.Feb.2021) — The Chief Executive Officer of Ecopetrol S.A. hereby summons all Shareholders to the Annual General Shareholders' Meeting to be held remotely on Friday, 26 March 2021, starting...
Ecopetrol’s Reserves Fall To 1,770 MMboe At YE:20
(Ecopetrol, 19.Feb.2021) — Ecopetrol S.A.’s consolidated crude oil, condensates and natural gas proven reserves (1P reserves, according to the standard international denomination) as of 31 December 2020. Reserves were estimated...
Ecopetrol To Report On Its 2021-2023 Business Plan
(Ecopetrol, 18.Feb.2021) — Ecopetrol S.A. announces that on 23 February 2021 after market close, it will release its financial and operating results for the fourth quarter and full year 2020,...
SeaOne Granted 30-Year Port Concession In Buenaventura
(SeaOne Holdings, 10.Feb.2021) — SeaOne Holdings, LLC, which is developing various projects for the delivery of US produced natural gas and natural gas liquids (NGLs) to the Caribbean, Central and...
Ecopetrol On Decision Related To Lisama 158 Well
(Ecopetrol, 9.Feb.2021) — Ecopetrol S.A. has been notified of the decision issued by Colombia's National Environmental Licensing Authority (ANLA), as per Resolution 290 of 9 February 2021, whereby a fine...
Ecopetrol Updates On Offer To Acquire ISA Stock
(Ecopetrol, 8.Feb.2021) — Ecopetrol S.A,, pursuant to the provisions set forth in Article 5.2.4.1.6 - Decree 2555/2010, does hereby confirm the information published in several media outlets that last 5...
Ecopetrol Eyes Two Promising Developments
(Energy Analytics Institute, 31.Jan.2021) — Colombia’s state oil and gas company Ecopetrol is eyeing two promising developments in Colombia that could utilize initial lessons learned abroad from offshore Brazil and...
Petrobras And Ecopetrol Bullish On 2021
(Argus, 28.Jan.2021) — Just as Covid-19 affected each Latin American country differently, so too is the outlook of each country's future crude oil production and exports. Colombia's state-owned Ecopetrol and...
Ecopetrol’s Bid For ISA Ratifies Govt Linkage
(Fitch Ratings, 28.Jan.2021) — Ecopetrol's (BBB-/Negative) non-binding offer for the Colombian government's 51.4% stake in Interconexion Electrica (ISA, BBB+/Negative) ratifies the company's close linkage with the government, according to Fitch...
Ivan Duque Officially Opens Trina Solar Plant
(Trina, 27.Jan.2021) — The second phase of the Los Llanos photovoltaic power plant project developed and managed by Trina Solar in Colombia has been connected to the grid and the...
Ecopetrol Bids For Transmission Giant
(Argus, 27.Jan.2021) — Colombia's state-controlled Ecopetrol is seeking to acquire state-controlled electricity transmission giant Isa in an aggressive move away from its core oil business. Ecopetrol presented a non-binding offer...
ProColombia Launches Nature Tourism Guides
(ProColombia, 25.Jan.2021) — ProColombia, the government entity in charge of promoting international tourism, foreign direct investment, non-mining energy exports and the country brand, is encouraging eco-conscious travelers to consider Colombia...
Ecopetrol Says Pipeline Theft Rose 46% Last Year
(Reuters, 20.Jan.2021) — Theft of crude oil from pipelines operated by Colombia's state-controlled oil company Ecopetrol rose by 46% last year, driven by surging robberies along the Cano Limon-Covenas pipeline,...
Ecopetrol On Sale Of Stake In Offshore Int’l Group
(Ecopetrol, 19.Jan.2021) — Ecopetrol S.A. signed a Share Purchase Agreement with De Jong Capital LLC, through one of its subsidiaries as buyer, pursuant to which Ecopetrol sold its 50% ownership...
Colombia Said To Review Divesting Stake In ISA
(Bloomberg, 6.Jan.2021) — Colombia’s government is reviewing plans to sell a stake in Interconexion Electrica SA that is attracting interest from publicly owned companies, according to people with direct knowledge...
University Of Los Llanos Inaugurate Meta Campus
(Ecopetrol, 30.Dec.2020) — Ecopetrol and the University of Los Llanos "Unillanos" gave the service the second phase of works of this educational institution at the boquemonte headquarters, in the municipality...
![Colombian Officials On Ecopetrol And Shell Deal [VIDEO]](https://secureservercdn.net/166.62.110.232/azj.dc0.myftpupload.com/wp-content/uploads/2020/12/291338_1-768x407.jpg)
Colombian Officials On Ecopetrol And Shell Deal [VIDEO]
(Energy Analytics Institute, 24.Dec.2020) — Officials from Colombia’s National Hydrocarbon Agency (ANH) and Ministry of Mines commented on approval of assignment of a 50% interest held by state owned Ecopetrol...
ANH Approves Deal Between Ecopetrol And Shell
(ANH, 24.Dec.2020) — The ANH approved the entry of Shell EP Offshore Ventures Limited, Colombian branch as operating partner of three Hydrocarbon Exploration and Production contracts in the deep waters...
Venezuela’s Oil Unions Accuse Govt Of Persecution
(AFP, 23.Dec.2020) — Venezuela's vital oil industry is failing and the socialist government is feeling the pressure, and now the regime of President Nicolas Maduro is being accused of lashing...
Facing An Economic Crisis, Colombia Turns To Fracking
(Sierra Club, 17.Dec.2020) — San Martín is full of oil men. This small, no-nonsense Colombian town in the department of Cesar, is hot, chaotic, and long accustomed to the presence...
Q&A: Ecopetrol Ready To Compete, Ready For Change
(Argus, 16.Dec.2020) — Colombia's state-controlled Ecopetrol had been diversifying crude exports with a commitment to quality before the market tailspin of 2020. Now the company is preparing to boost crude...
Ecopetrol Eyes Capex Of $3.5-$4bn In 2021
(Ecopetrol, 14.Dec.2020) — Ecopetrol S.A.’s Board of Directors approved the 2021 organic investment plan for the Ecopetrol Group (GE) for an estimated amount between $3.5bn and $4bn. HIGHLIGHTS - The...
Fitch Affirms Ecopetrol’s Investment Grade Rating
(Ecopetrol, 1.Dec.2020) — Ecopetrol reports that rating agency, Fitch Ratings, has affirmed the company’s credit rating at BBB- with a negative outlook and its standalone credit profile (without incorporating government...
ANH Inks Three Deals In Third Cycle Nomination
(ANH, 1.Dec.2020) — Colombia’s National Hydrocarbons Agency - ANH signed 4 new contracts as a conclusion of the third cycle of the Continuous Area Nomination Process, PPAA. Parex Resources and...
USO Requests Investigation Into Ecopetrol Refinery Fire
(Energy Analytics Institute, 27.Nov.2020) — The Obrera Oil Union (USO) requested an investigation into the causes of the fire that occurred at Ecopetrol’s refinery in Barrancabermeja, Santander, announced RCN RadioBucaramanga...
Gustavo Petro Leads Early Polls In Colombia
(Energy Analytics Institute, 27.Nov.2020) — Presidential hopefully Gustavo Petro tops a recent opinion poll in Colombia, leading with 25.9% popularity in the Andean country. Colombians were surveyed by polling company...
Frontera Inks Deal To Resolve Transport Disputes
(Frontera, 17.Nov.2020) — Frontera Energy Corporation, Cenit Transporte y Logística de Hidrocarburos S.A.S. and Oleoducto Bicentenario de Colombia S.A.S. separately announced they have reached an agreement for the joint filing...
Colombia Bid Round To Investigate Fracking Projects
(Reuters, 11.Nov.2020) — Colombia will hold a second bidding round to potentially grant contracts to companies interested in exploring non-conventional oil and gas deposits, using techniques like fracking, the National...
ANH Readies For Second Pilot Project Round
(Energy Analytics Institute, 10.Nov.2020) — Colombia’s National Hydrocarbons Agency will conduct a second round for the award of Special Research Project Contracts (CEPI by its Spanish acronym). “The purpose of...
Frontera Announces 3Q:20 Results
(Frontera, 4.Nov.2020) — Frontera Energy Corporation reported financial and operational results for the third quarter ended 30 September 2020. All financial amounts in this news release are in United States...
UPME On Pacific Facility Investor Selection
(Energy Analytics Institute, 30.Oct.2020) — Colombia’s Mining and Energy Planning Unit (UPME) officially started the investor selection process for the Pacific Gas Import Infrastructure project, which will encompass LNG storage,...
Ecopetrol’s 3Q:20 Earnings Call Transcript
(Seeking Alpha, 28.Oct.2020) — Colombia’s Ecopetrol announced it 3Q:20 earnings results. The transcript from the earnings conference call on 28 October 2020 with analyst follows. Company Participants Felipe Bayón -...
Ecopetrol Reports Positive 3Q:20 Results
(Ecopetrol, 28.Oct.2020) — Ecopetrol S.A. announced the Ecopetrol Group's financial results for the third quarter and the first nine months of 2020. Financial results were prepared in accordance with the...
ANH Says 16 Companies Qualified For 3rd PPAA
(Energy Analytics Institute, 23.Oct.2020) — Colombia’s National Hydrocarbon Agency or ANH published a definitive list of 16 companies qualified for the third cycle of its Permanent Area Assignment Process (PPAA)....
Frontera Reveals Details Of 3Q:20 Conference Call
(22.Oct.2020) — Frontera Energy Corporation will announce its third quarter results after the market closes on 4 November 2020 followed by a conference call with investors and analysts on 5...
Ecopetrol Reveals Date Of 3Q:20 Earnings Report
(20.Oct.2020) — Bogotá-based Ecopetrol SA plans to release its financial and operating results for the third quarter 2020 on 27 October 2020 after the market close. Senior management will host...
Solar Panel Users In Colombia To Get Subsidies
(Energy Analytics Institute, 11.Oct.2020) — Colombian households located in areas not connected to the national interconnected energy system will be offered installation of solar panels with resources from the national...
Colombia’s First Fracking Could Start In Late 2021
(Platts, 6.Oct.2020) — The first fracking in Colombia could come by the end of 2021, after companies obtain necessary environmental permits, energy minister Diego Mesa said Oct. 6 The Colombian...
Oxy Sales Colombian Onshore Assets To The Carlyle Group
(The Carlyle Group, 1.Oct.2020) — Occidental signed an agreement to sell its onshore assets in Colombia to The Carlyle Group for total consideration of approximately $825mn, with $700mn up front...
Q&A: Colombia’s Lloreda Eyes E&P Revival
(Argus, 28.Sep.2020) — Colombia's oil industry is slowly shaking off the double market blows of 2020 while it prepares to debut unconventional pilot projects. Oil chamber executive president Francisco Lloreda...
Ecopetrol Briefs: 3Q Earnings, Capex For 2020
(Energy Analytics Institute, 24.Sep.2020) — Colombia oil and gas briefs on Ecopetrol’s capital expenditures for 2020 and the company’s plans to report financial results for the third quarter of 2020....
Ecopetrol Launches Fields In ‘Ronda Campos 2020’
(Energy Analytics Institute, 23.Sep.2020) — Colombia’s state oil company Ecopetrol announced launch of ‘Ronda Campos 2020’ with nine fields with aim to contribute to reactivation of the South American country’s...
Bayón Says Unconventionals Not The Only Option
Ecopetrol’ CEO Felipe Bayón said unconventionals were a very important option for Colombia since they allowed the country to boost its oil and gas reserves-to-production ratios while generating benefits for many regions such as employment, and goods and services. But he added: “In terms energy security, unconventionals are very important but they’re not the only option.”
Pompeo To Visit Guyana, Suriname, Brazil, Colombia
(US State Department, 15.Sep.2020) — Secretary of State Michael R. Pompeo will travel to Paramaribo, Suriname; Georgetown, Guyana; Boa Vista, Brazil; Bogota, Colombia; and Plano, Texas, September 17-20, 2020. This trip will highlight the United States’...
Gas Sector Dynamism Consolidated In Colombia
(Promigas, 14.Sep.2020) — The 2020 Natural Gas Sector Report presented by Promigas provides a concrete overview of Colombia in terms of reserves, investments, energy security, networks and transportation, as well...
Ecopetrol Aims To Drill 100 Permian Wells By YE:21
(Reuters, 14.Sep.2020) — Colombian oil company Ecopetrol SA aims to drill a total 100 wells by end-2021 in the Permian Basin of West Texas as global oil prices recover, Chief...
Ecopetrol Makes Prepayment Of Financing Contracts
(Ecopetrol, 14.Sep.2020) — Ecopetrol S.A. will prepay its short-term obligations with local and international banks entered into in March and April 2020, in the form of trade finance instruments and...
Maduro Doubling Down On Earnings From Illicit Means
(Energy Analytics Institute, 13.Aug.2020) — Venezuela’s President Nicolas Maduro is doubling down on earning money through illicit means where sanctions have less of an impact while also doubling down on...
Colombian Oil Major Reports Surprise Profits
(Oilprice.com, 12.Aug.202) — The March 2020 oil price crash and COVID-19 pandemic has hit the global energy sector hard. In response oil companies are slashing capital spending, driving down costs...
Petrobras On Expressing Interest In Colombian Assets
(Petrobras, 11.Aug.2020) — Petrobras, following up on the release disclosed on 27 July 2020, regarding the sale of its entire stake in the exploratory portion of the Tayrona Block, located...
Ecopetrol 2Q:20 Report, Updates Business Plan
(Ecopetrol, 4.Aug.2020) — Ecopetrol S.A. announced today the Ecopetrol Group's financial results for the second quarter and the first half of 2020 and the update of the Business Plan 2020-2022....
Moody’s Confirms Ecopetrol’s Rating
(Ecopetrol, 3.Aug.2020) — Ecopetrol S.A. announces rating agency Moody's kept the Company's long-term international rating at Baa3, with stable outlook. Moody's highlighted the Company's strength as a leading firm in...