Tuesday, January 21st, 2025
In 2024, Petrobras (NYSE: PBR) and Ecopetrol (NYSE: EC) confirmed the discovery of the Sirius natural gas deposit in Colombia’s Caribbean, marking the largest find in the last three decades and potentially doubling the country’s gas reserves.
Ecopetrol (NYSE: EC) announced the suspension of its operations in the Catatumbo region due to escalating violence and armed incursions by the National Liberation Army (ELN).
Cenit, a subsidiary of the Ecopetrol Group, announced it will maintain the suspension of operations of the Trasandino Pipeline (OTA) following a detailed assessment of the security and environmental conditions in Nariño and Putumayo, where the pipeline is located.
NG Energy International Corp. (TSXV: GASX) announced a key decision on its Sinu-9 block.
The Colombian Association of Petroleum Engineers, Energy, and Related Technologies (ACIPET) expressed concern over delays and potential setbacks facing the Komodo-1 well project.
Last week we wrote our annual Fearless Forecasts article which focuses on the quantitative. But we also talk about the policy environment, really about politics and that proves especially important in the runup to elections in 2026. Readers ask us frequently about what comes next after August 7th, 2026. We realized that the topic deserved an analysis of its own.
The Colombian Chamber of Goods and Services (Campetrol) reported rig information for November 2024.