Fitch Ratings has reaffirmed Ecopetrol’s long-term national ratings at ‘AAA(col)’ with a stable outlook. The rating agency also maintained the company’s short-term national ratings at ‘F1+(col)’. These ratings reflect Ecopetrol’s strong financial position in Colombia’s market. However, Fitch has expressed concerns about the oil company’s governance. Recent events have cast doubt on the independence of […]
