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Tuesday, June 23rd, 2026

S&P Global Ratings affirmed Ecopetrol’s global issuer credit rating at BB- with a stable outlook on June 16, while also confirming the company’s stand-alone credit profile (SACP) at bb+.

Recent News

ECOnnect Energy to supply jettyless LNG transfer system for Puerto Bahía terminal

Dutch marine technology firm ECOnnect Energy has signed an agreement with Sociedad Portuaria Puerto Bahía S.A. — a majority-owned subsidiary of Canada’s Frontera Energy Corp. — to deliver its proprietary IQuay F-Class jettyless transfer system for a fast-tracked LNG import terminal in Cartagena Bay.

Monday, June 22nd, 2026
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Promigas sets Colombian bond demand record

Gas network operator Promigas closed a US$920M subordinated hybrid bond issuance — the largest demand ever recorded for a Colombian company — drawing US$2.7B in orders from roughly 150 investors across the United States, Europe, Latin America, and Asia, an oversubscription rate of nearly 2.8 times.

Monday, June 22nd, 2026
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Repsol signs MOU with PDVSA to study new oil area

Spain’s Repsol has signed a memorandum of understanding with Venezuela’s Ministry of Hydrocarbons and state oil company PDVSA to study the development of a new oil area called Horcón, located southeast of Lake Maracaibo — a zone adjacent to fields where Repsol already holds operations.

Monday, June 22nd, 2026
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Colombia’s election reflects a polarized country

Colombia’s election reflects a polarized country

Yesterday’s presidential voting had a declared winner but the results are not definitive and the loser is contesting the result.

Monday, June 22nd, 2026
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Ecopetrol cuts out the middleman on Japan shipment

Ecopetrol cuts out the middleman on Japan shipment

Ecopetrol has completed its first direct export of petroleum coke (petcoke) to Japan, shipping 50,000 tons to a Japanese steelmaker for use in vehicle production, a transaction that represents 5 percent of the Refinería de Cartagena’s total annual petcoke exports and marks a strategic shift in how the state oil company commercializes one of its industrial byproducts.

Thursday, June 18th, 2026
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MinEnergia suppresses Colombia’s annual reserves report

Colombia’s National Hydrocarbons Agency (ANH) has failed to publish its annual Resources and Reserves Report (IRR) for 2025, more than 45 days after the legally mandated deadline of April 30.

Thursday, June 18th, 2026
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