Thursday, May 15th, 2025
A controversial shift may be occurring in Colombia’s fuel subsidy system: experts claim that gasoline users are now indirectly subsidizing diesel consumers. This claim comes amid the Petro administration’s gradual dismantling of the fuel subsidy scheme that once cushioned consumers from global price fluctuations.
Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ending March 31st, 2025.
Global banking giant Citi has weighed in on the recent downturn in Ecopetrol’s (NYSE: EC) share price and earnings, following the Colombian oil company’s first-quarter results, an ongoing tax dispute with the national tax authority (DIAN), and growing concerns over declining global crude prices.
The Energy and Gas Regulation Commission (CREG) published a new regulatory document that sets out complementary rules for the execution of projects included in the country’s Natural Gas Supply Plan (PAGN).
After nearly a decade of litigation, Colombia’s State Council has upheld a ruling that clears state-run oil company Ecopetrol of liability in a US$210M lawsuit filed by foreign firm Worldwide Energy Investment (WEI).
Frontera Energy (TSX: FEC) announced its financial and operating results for 1Q25.
Ecopetrol (NYSE: EC) has once again postponed the drilling of its ultra-deepwater Komodo well in the Caribbean Sea, citing ongoing restrictions from the National Environmental Licensing Agency (ANLA) that continue to make the project unviable.
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