Category: Colombia

Colombia energy

Idea of Colombia Importing Gas from Venezuela ‘Big Distraction,’ Ex-minister Says

  • 0

(Reuters, 2.Oct.2024) — Debate in Colombia over the possibility of importing gas from Venezuela “has been a big distraction” amid concerns about Colombia’s future energy self sufficiency, former minister of mines and energy Tomas Gonzalez said on Wednesday. Colombia’s government and majority state-owned energy company Ecopetrol have repeatedly floated importing […]

Ecopetrol Appoints Hurtado as Upstream VP

  • 0

(Energy Analytics Institute, 1.Oct.2024) — Colombian state-owned Ecopetrol S.A. announced Juan Carlos Hurtado Parra as Vice President of the Upstream segment. The appointment has been made as part of the implementation of the new organizational structure announced on 6 Jun. 2024, Ecopetrol announced 1 Oct. 2024 in an official statement. […]

Frontera to Amend Substantial Issuer Bid

  • 0

(Frontera, 25.Sep.2024) — Frontera Energy Corporation will amend its previously announced substantial issuer bid (the “Offer”) to remove the preferential acceptance of “odd lot” tenders, which are tenders from holders (“Shareholders”) of common shares of the company (the “Shares”) who beneficially own fewer than 100 Shares. There will be no […]

Frontera Reveals $30mn Substantial Issuer Bid 

  • 0

(Frontera, 4.Sep.2024) — Frontera Energy Corporation announces that its board of directors has approved the commencement of a substantial issuer bid (the “Offer“) pursuant to which the company will offer to purchase from holders (“Shareholders“) of common shares of the company (the “Shares“) up to 3,375,000 Shares for cancellation at […]

Ecopetrol Reveals Senior Management Changes

  • 0

(Ecopetrol, 3.Sep.2024) — Ecopetrol S.A. announces that the Board of Directors made the following appointments on 30 Aug. 2024: Ecopetrol also announces that Nicolás Azcuénaga Ramírez, whose current position is Corporate Vice President of Strategy and New Businesses, will hold that position until 15 Sep. 2024, terminating his contract by […]

Interoil Exploitation Activity in Colombia

  • 0

(Interoil, 30.Aug.2024) — Interoil Exploration and Production ASA’s Colombian subsidiary, Interoil Colombia Exploration and Production (ICEP), shall carry out a campaign aimed at improving substantially the current production from all its operated fields in Colombia. This activity includes the reopening of shut-in wells in Maná, Río Opia and Ambrosia Fields, […]

Ecopetrol Reveals 2Q:24 Results

  • 0

(Ecopetrol, 12.Aug.2024) — During the Second Quarter of 2024 (2Q24), Ecopetrol Group confronted a challenging environment, which continues to be impacted by several external variables, including the revaluation of the Colombian peso, inflationary pressures, and a decrease in the prices of our refined products. We managed these challenges with resilience, maximizing operational […]

Ecopetrol on Senior Management Moves

  • 0

(Ecopetrol, 31.Jul.2024) — Ecopetrol S.A. informs that the Board of Directors, in its meeting held on 31 July, 2024 adopted the following decisions: As part of the implementation of the new organizational structure, approved and announced on 6 June, the following permanent appointments were made: ____________________

Fitch Maintains Ecopetrol’s Rating at BB+

  • 0

(Ecopetrol, 30.Jul.2024) — Ecopetrol S.A. said the credit rating agency Fitch Ratings maintained the company’s credit rating at BB+ with a stable outlook. Additionally, the agency reaffirmed the company’s national long- and short-term ratings at ‘AAA(col)’ and ‘F1+(col)’, respectively, both with a stable outlook. The rating agency highlighted Ecopetrol’s solid financial […]

Frontera Energy announces agreement between Puerto Bahia and GASCO

  • 0

(Frontera, 22.Jul.2024) — Frontera Energy Corporation announced that its subsidiary, Sociedad Portuaria Puerto Bahía S.A. and Gasco Soluciones Logísticas y Energéticas S.A.S. have entered into a Framework Collaboration Agreement to jointly pursue a liquified petroleum gas (LPG) project at Puerto Bahia’s state-of-the-art liquids and dry cargo port terminal strategically located in the […]

Decisions of BODs of Ecopetrol

  • 0

(Ecopetrol, 28.Jun.2024) — Ecopetrol S.A. informs that the Board of Directors, at its meeting held on 28 June 2024, appointed independent Director Gonzalo Hernández Jiménez as a member of the Audit and Risk Committee of the Board of Directors. The members of the Audit and Risk Committee are: Luis Alberto Zuleta Jaramillo (Chairman)Álvaro […]

Ecopetrol Reports Senior Management Changes

  • 0

(Ecopetrol, 26.Jun.2024) — Ecopetrol S.A. informs that the Board of Directors, in its meeting held on 28 June 2024 adopted the following decisions: As part of the implementation of the new organizational structure, approved and reported on 6 June, the following appointments were made: Sandra Lucía Rodríguez, who currently serves as Vice President of […]

Fact sheet: Colombian coal

  • 0

(National Mining Agency, 9.Jun.2024) — Approximately 92% of coal production in Colombia is extracted in open-pit mining areas in the departments of Cesar and La Guajira, with thermal coal, which in general is exported. The remaining 8% is mined mainly underground in the departments of Cordoba, Antioquia, Valle and Cauca, with thermal coal, and […]

Black & Veatch Delivers Feasibility Study for Andes Energy LNG Terminal

  • 0

(Black & Veatch, 7.Jun.2024) — Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification terminal and power plant. The study assessed site suitability, project design requirements, capital and operating costs, financial viability, financing options, climate resilience, […]

Frontera Announces Annual Meeting Results

  • 0

(Frontera, 23.May.2024) — Frontera Energy Corporation (TSX: FEC) announced the results from its 2024 annual meeting of shareholders held today (the “Meeting”). ELECTION OF DIRECTORS Shareholders elected each of the nominees proposed by management as set forth in the management information circular of the company dated 4 Apr. 2024. The total number […]

Ecopetrol Reports on Investigation by Superintendency

  • 0

(Ecopetrol, 22.May.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that between May 3, 2024 and May 9, 2024, the company and its subsidiaries,  Cenit Transporte y Logística de Hidrocarburos S.A.S. and Oleoducto Central S.A. (Ocensa) were notified of Resolution No. 20884 of April 26, 2024, through which the Superintendency of Industry and Commerce (SIC) opened an […]

Geopark Reports 1Q:24 Results

  • 0

(GeoPark, 15.May.2024) — GeoPark Limited (NYSE: GPRK) reports its consolidated financial results for the three-month period ended 31 Mar. 2024 (“First Quarter” or “1Q2024”). A conference call to discuss these financial results will be held on 16 May 2024, at 10:00 am (Eastern Daylight Time). FIRST QUARTER 2024 SUMMARY In […]

Ecopetrol Calls Holders of Domestic Public Debt for Ordinary Bondholders Meeting

  • 0

(Ecopetrol, 10.May.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, in light of the statutory reform approved by its Shareholders’ during their ordinary meeting held on 22 Mar. 2024, its local bondholders are summoned to consider said reform, in compliance with Colombian regulations applicable to securities issuers, particularly Article 6.4.1.1.42 of Decree […]

Frontera on 1Q:24 Conference Call

  • 0

(Frontera, 30.Apr.2024) — Frontera Energy Corporation (TSX: FEC) will release its financial and operational results for the first quarter ended 31 Mar. 2024, after markets close on 8 May 2024. A conference call for investors and analysts will be held on 9 May 2024, at 2:30 p.m. Eastern Time. Participants will include Gabriel de Alba, Chairman […]

Ecopetrol Reveals Senior Management Changes

  • 0

(Ecopetrol, 26.Apr.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Board of Directors, at its meeting held on 26 Apr. 2024, made the following appointments in property: 1. Felipe Trujillo López as Vice President Commercial and Marketing, effective as of this date. Dr. Trujillo has been in charge of this Vice-Presidency since 20 […]

Ecopetrol Announces Senior Management Changes

  • 0

(Ecopetrol, 5.Apr.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces the following senior management changes: Ana Milena López, submitted her voluntary resignation as Corporate Vice President of Finance and Sustainable Value effective on 12 Apr. 2024. María Catalina Escobar Hoyos, our current Value Maximization Manager, will temporarily take over this position […]

Ecopetrol Reveals Candidate to its BODs

  • 0

(Ecopetrol, 11.Mar.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC), in accordance with the subscription of the Declaration of the Nation as majority shareholder and complying with the established procedure, the current representatives of the hydrocarbon producing departments in which Ecopetrol operates, signed a document through which they unanimously agreed to nominate […]

Frontera Reveals 4Q:23 and YE:23 Results

  • 0

(Frontera, 7.Mar.2024) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the fourth quarter and year ended 31 Dec. 2023, and announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton Corp (D&M). All financial amounts in this news release and the company’s financial […]

S&P Maintains Ecopetrol’s Credit Rating at BB+

  • 0

(Ecopetrol, 19.Jan.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that S&P Global Ratings modified the outlook of Ecopetrol’s credit rating from stable to negative, as a result of the review in the outlook of Colombia’s credit rating, also from stable to negative. Likewise, S&P confirmed that Ecopetrol’s global rating is maintained […]