Tuesday, April 29th, 2025
The DIAN and DANE reported the behavior of Colombia’s imports during February this year.
NG Energy International Corp. (TSXV: GASX) announced a major boost in its 2024 year-end reserves and resources, following evaluations by independent firm Sproule International Limited. The updated figures reflect strong growth at both the Maria Conchita and Sinu-9 blocks, signaling the company’s transition into a new production phase.
GeoPark Limited (NYSE: GPRK) announced the appointment of Felipe Bayon as its new Chief Executive Officer (CEO).
During the recent Naturgas Congress, preliminary figures regarding Colombia’s potential natural gas deficit for 2026, 2027, and 2028 were presented. However, several industry experts cautioned that it is too early to draw firm conclusions.
Ecopetrol (NYSE: EC) confirmed that Shell is withdrawing from the COL-5, Purple Angel, and Fuerte Sur blocks located in the southern Colombian Caribbean.
Although next week we should start seeing 1Q25 results, we are just getting around to our summary of 2024 Average Realized Oil Prices, Netbacks and other operating key indicators for the Colombian industry. Brent was down slightly (3%) last year so what could we hope for in netback?
British energy giant Shell (LON: RDSB) is divesting its participation in several Colombian oil and gas blocks, effectively marking its exit from the country’s hydrocarbon exploration and production sector.
2025, Hydrocarbons Colombia, All Rights Reserved.
