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Higher gas prices still loom on the horizon

Wednesday, April 2nd, 2025

It rained heavily in much of the country in 1Q25, filling up the reservoirs and lowering the demand for natural gas for thermoelectric generation. But non-thermal demand grew while domestic supply was flat meaning Colombia crept ever close to importing gas for domestic demand on regular basis.

Recent News

Rig count in February 2025

Rig count in February 2025

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for February 2025.

Monday, March 31st, 2025
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Coordinated efforts

The 14th edition of Colombia Genera provided a valuable platform for industry representatives to emphasize the relevance of strengthening the mining and energy sector to boost the country’s competitiveness.

Monday, March 31st, 2025
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ECP’s new board

Ecopetrol’s General Shareholders’ Meeting approved the full list of nine persons who will constitute the company’s new Board of Directors.

Monday, March 31st, 2025
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Contractors kidnapped in Arauca

Cenit, a subsidiary of Ecopetrol Group, condemned the kidnapping of five workers from a contracting company who were on their way to repair the Bicentenario Pipeline.

Monday, March 31st, 2025
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Wait and see

Wait and see

Bloomberg recently showed a chart tracking the mentions of the word “uncertainty” in articles about trade. It has spiked dramatically since the 20th of January of this year, sending the stock market into a tailspin. Concerns about oil demand have depressed prices. Will (should?) E&Ps be revising their CAPEX plans?

Monday, March 31st, 2025
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GeoPark reaches milestone

GeoPark reaches milestone

GeoPark (NYSE: GPRK) achieved a historic milestone in its operational history.

Thursday, March 27th, 2025
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