Friday, October 31st, 2025
The SPEC-maintenance crisis has passed and now we can see what happened. We estimate gas supply went down by around 120 GBTUd because, even with all MinEnergia’s efforts to find more gas, there wasn’t enough to plug the hole. That means there was not enough gas for normal demand. Who didn’t get their needs satisfied?
Parex Resources Inc. (TSX: PXT) has taken a bold step to expand its footprint in Latin America’s energy market by offering to acquire GeoPark Limited (NYSE: GPRK) for US$9.00 per share in cash, a deal that values GeoPark at roughly US$940M, including debt.
Colombia’s freight sector is sounding the alarm as road blockades surge nationwide, disrupting commerce and driving massive economic losses.
Colombia is now preparing to pivot back toward oil and gas as President Gustavo Petro’s term nears its end and energy insecurity mounts.
Colombia’s largest oil workers’ union, the Unión Sindical Obrera (USO), has sharply condemned President Gustavo Petro’s reported intention to push Ecopetrol (NYSE: EC) to sell its stake in the Permian Basin in Texas, calling the move a “historic mistake” and threatening nationwide mobilizations if the sale proceeds.
SierraCol Energy Limited, Colombia’s largest independent oil and gas producer, announced a solid operational recovery for the third quarter of 2025, driven by higher production at its flagship Caño Limón operations and stable output across its key fields.
GeoPark Limited (NYSE: GPRK) unveiled a comprehensive long-term strategic plan and capital allocation framework ahead of its 2025 Investor Day, signalling a shift in emphasis toward disciplined growth and shareholder value.
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