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Fitch on oil contracts in Colombia

Representatives from the credit rating agency Fitch Ratings talked about the risk of unilaterally canceling ongoing exploration contracts.

Thursday, September 14th, 2023
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ECP talks FEPC

Ecopetrol (NYSE: EC) talked about financial matters, specifically regarding the Fuel Price Stabilization Fund (FEPC) and the strategies implemented to reduce its deficit through fuel price adjustments.

Thursday, September 14th, 2023
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CB&I’s restructuring

In a recent announcement, CB&I UK Limited, McDermott International Holdings B.V., and Lealand Finance Company B.V. revealed plans for judicial restructuring under Dutch and UK law.

Thursday, September 14th, 2023
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Tourism as a replacement for oil

Tourism as a replacement for oil

During the international presentation of the Brand Country initiative, “Colombia: The Country of Beauty,” the President, Gustavo Petro, emphasized Colombia’s immense potential to attract tourists, citing its unique selling point, “diversity.”

Wednesday, September 13th, 2023
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Sell ECP?

JP Morgan’s recent warning about the significant reduction in liquidity in the Colombian stock market has raised concerns of a potential reclassification from an emerging market to a frontier market.

Wednesday, September 13th, 2023
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Ineffectiveness of FEPC

The Colombian Inspector General’s Office has released a study evaluating the performance of the Fuel Price Stabilization Fund (FEPC), revealing worrisome findings.

Wednesday, September 13th, 2023
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