BOGOTÁ, COLOMBIA (By Ana Sanches, 13.Nov.2025, Words: 232) — State-owned Ecopetrol reiterated that it obtained authorization from the National Environmental Licensing Authority (ANLA) to conduct activities for the receipt and storage of liquefied natural gas (LNG). This, using the existing offshore infrastructure at the Coveñas Maritime Terminal in the department […]
Tag: Cenit
Moody’s Changes Ecopetrol’s Credit Rating to Ba1
(Ecopetrol, 23.May.2024) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that credit rating agency Moody’s downgraded its global credit rating from Baa3 to Ba1 and changed the outlook from negative to stable. Additionally, the agency reduced the individual rating (BCA[1]) from Ba3 to B1. The decision to modify the individual rating […]
Ecopetrol Reports on Investigation by Superintendency
(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 […]
Ecopetrol on Operation to Sanction Hydrocarbon Theft and Smuggling
(Ecopetrol, 31.Jul.2023) — Considering the information known to public, the Board of Directors of Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reiterates the press release issued by the company yesterday, which stated that Ecopetrol, Cenit and Oleoducto de Colombia have actively collaborated with the different authorities for the execution of the “Bunkering Imperio” operation. In […]
Conciliation Deal With CENIT And Bicentenario Extended
(Frontera, 30.Sep.2021) — Frontera Energy Corporation (TSX: FEC), Cenit Transporte y Logística de Hidrocarburos S.A.S. and Oleoducto Bicentenario de Colombia S.A.S. separately announced they have agreed to extend the deadline for the approval of the conciliation agreement between Frontera, CENIT and Bicentenario from 30 September 2021 to 29 October 2021. […]
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 of Colombia (Procuraduría General de la Nación) has delivered its opinion on the Conciliation Agreement between Frontera, CENIT and Bicentenario. […]
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 of a petition for a binding settlement which, upon completion and approval by the competent Colombian court, will resolve all […]
CENIT’s Transport Tariffs Neutral For Ocensa
(Fitch Ratings, 1.Jun.2020) — Fitch Ratings views the agreement reached between crude oil transportation companies and producers in Colombia as credit neutral for Oleoducto Central S.A (Ocensa) (BBB-/Negative) and A.I. Candelaria (Spain), S.L.’s ratings (BB+/Negative), as Fitch does not anticipate a material change in their capital structures. The agreement announced […]
Colombia Names Minister Of Mines And Energy
(Colombia’s Ministry of Mines and Energy, 18.Dec.2018) — María Fernanda Suárez Londoño is a Business Administrator from the College of Superior Studies in Management (CESA) and has a Master’s Degree in Management of Public Policies from the University of Georgetown. She has over 20 years of experience within the public […]
Frontera Energy Announces 3Q:18 Ops, Financial Results
(Frontera Energy, 7.Nov.2018) — Frontera Energy Corporation released its Interim Condensed Consolidated Financial Statements for the third quarter of 2018, together with its Management, Discussion and Analysis (MD&A). These documents will be posted on the Company’s website at www.fronteraenergy.ca and SEDAR at www.sedar.com. All values in this news release and […]
Cano Limon-Covenas Pipeline Restarts After 180 Days
(Reuters, 17.Jul.2018) – Pumping through the Colombia’s Cano Limon-Covenas oil pipeline restarted after a 180-day stoppage due to repeated attacks by Marxist ELN rebels, military and industry sources said on Tuesday. The 485-mile (780-km) pipeline has been attacked 58 times this year by the National Liberation Army (ELN), the country’s […]
Company Profile: Oleoducto Central S.A. (Ocensa)
(Moody’s, 4.Jun.2016) – Oleoducto Central S.A. (Ocensa) is the largest crude oil pipeline and the only public-use pipeline in Colombia. Its pipeline is ~845 km in length with 745,000 b/d of capacity starting in mid-2016. Ocensa connects the country’s largest crude producing fields in the Llanos Basin at El Porvenir […]