Monday, November 2nd, 2026
Drummond Energy says it holds four exploration and production contracts for unconventional gas, the only company in Colombia with such contracts, and is pressing the government to clear the way for its Cesar-Ranchería project.
President Abelardo De la Espriella has called on families, businesses and institutions to save water, energy and gas, saying the government has secured more gas for thermal plants.
A proposal from labor leaders would take Colombia’s minimum wage to nearly CoP$2.5 million next year, excluding the transport allowance, as formal talks are expected to start in mid-November.
Arrow Exploration says corporate production has passed 6,500 barrels of oil equivalent per day (boed), a company record, on the back of drilling at the Icaco pad on the Tapir block in the Llanos basin.
Sociedad Portuaria El Cayao (SPEC) reported an operational failure in one of the four trains at its Cartagena LNG regasification unit, and the terminal will run at 400 mmcfd during repairs.
ONGC Videsh Limited (OVL), the overseas arm of India’s state-owned oil company, has reported positive results from the Milano-1X exploratory well on block CPO-5 in Meta department, with production potential of about 750 barrels of oil per day.
Vehicular natural gas (VNG) prices in Bogotá rose almost 20% overnight, which sources said reflects reduced availability of imported gas at the Cartagena regasification terminal.
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