Ecopetrol (NYSE: EC) has reported positive operational and financial results, with cash flow as one of its best performing metrics in recent years. CEO Felipe Bayon spoke on the matter.
The Reform to the General Royalties’ System (SGR) includes modifications to the Collegiate Bodies for Administration and Decision (OCAD), which might have a negative impact for the regions. These and other stories in our periodic Royalties summary.
Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ended September 30, 2019. Natural gas production, sales and revenues increased year-over-year during this time.
This year’s Oil and Gas Summit took place in Bogotá, providing a space for industry experts to discuss relevant issues like Colombia’s energy transition process. HCC attended the event.
According to the Minister of Finance (MinHacienda), Alberto Carrasquilla, his team is “not considering selling ISA, Ecopetrol nor Cenit.” Here are the details.
The Colombian government has announced different measures to reactivate the industry in the short term.
Frontera Energy (TSX: FEC) announced its financial and operating results for the third quarter of 2019. The company highlighted that production and operational performance is consistent with strong guidance results.
Ecopetrol (NYSE: EC) confirmed that its American subsidiary, Ecopetrol America, signed an agreement with Chevron (NYSE: CVX). Here are the details.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for November 2019, reporting a small decrease in regular fuel and diesel, compared to previous month.
In a report, Moody’s Investors Service says that the mining industry in Latin America is exposed to environmental and social risks that will most likely affect its credit rate.
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