Ecopetrol (NYSE: EC) is facing increasing scrutiny following a controversial decision by its Board of Directors to pass on a significant investment opportunity in the US.
The recent resolutions by the Energy and Gas Regulatory Commission (CREG) represent a significant step towards bolstering Colombia’s natural gas infrastructure amid looming concerns of potential gas deficits starting in 2025.
In response to looming concerns over a potential natural gas deficit in Colombia by 2025, the government is preparing to introduce a new regulatory framework to enhance the availability of natural gas in the market.
Domestic gas production continues to fall. Apart from a miniscule increase in April, it has declined every month so far this year and June 2024 was 9% lower than June 2023.
Ecopetrol (NYSE: EC) announced that the Uchuva-2 well has confirmed the extension of a gas discovery made in 2022 with the drilling of the Uchuva-1 well.
Cenit, a subsidiary of Ecopetrol (NYSE: EC) dedicated to hydrocarbon transportation, reported a new attack on its infrastructure in Villa López, a rural area of the municipality of San Juan de Betulia, Sucre.
Colombia’s Comptroller General, Carlos Hernán Rodríguez, raised an urgent alarm regarding potential irregularities in the handling of royalties within the country.
Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ending March 31st, 2024.
In a recent motion of censure debate, Colombia’s Minister of Mines and Energy (MinEnergia), Andrés Camacho, firmly rejected the possibility of importing gas from Venezuela. This stance contrasts sharply with earlier statements made by Ecopetrol’s president, Ricardo Roa, who had hinted at the potential for such imports.
Tomás González, Director of the Energy and Gas Regulatory Commission (Cree) highlighted a concerning trend in Colombia’s gas reserves.
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