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Critical role of natural gas

Promigas recently released its 25th edition of the Natural Gas Sector Report in Colombia, emphasizing the critical role natural gas plays in balancing energy security, affordability, and environmental sustainability.

Wednesday, October 2nd, 2024
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Ecopetrol to stay in the Permian basin

Ecopetrol to stay in the Permian basin

Ricardo Roa Barragán, President of Ecopetrol (NYSE: EC), shed light on the company’s position regarding its operations in the Permian Basin, one of the most productive oil and gas regions in the US.

Tuesday, October 1st, 2024
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Uchuva-2: energy dilemma

In a recent development regarding the Uchuva-2 gas exploration project in Colombia’s Caribbean, Susana Muhamad, the Minister of Environment (MinAmbiente), made an important announcement about Uchuva-2.

Tuesday, October 1st, 2024
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Bayón on Ecopetrol

Felipe Bayón, former president of Ecopetrol (NYSE: EC), raised significant concerns about the current state of the company following a report from JPMorgan that downgraded the firm’s stock price target by nearly 30%.

Tuesday, October 1st, 2024
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A future without oil

Colombia is set to unveil a US$40B investment plan designed to replace revenue lost from fossil fuel exports, following its decision to end new oil and gas exploration two years ago.

Tuesday, October 1st, 2024
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Proposal to address gas deficit

Proposal to address gas deficit

Juan Manuel Rojas, President of Promigas, has outlined a strategy combining imported liquefied natural gas (LNG) with local gas to meet the nation’s energy demand.

Monday, September 30th, 2024
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Gradual suspension for Uchuva 2

The recent court decision to suspend natural gas exploration at the Uchuva 2 well, operated by Ecopetrol (NYSE: EC) and Petrobras (NYSE: PBR) in Colombia’s Caribbean waters, will be implemented gradually, according to the judge’s clarification.

Monday, September 30th, 2024
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Attack on the CCL pipeline

A new attack on the Coveñas Caño Limón (CCL) oil pipeline, marks the 27th such incident since late August.

Monday, September 30th, 2024
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Concerns rise in the transport sector

The Colombian Federation of Freight Transport Entrepreneurs (Fedetranscarga) raised alarms over Ecopetrol’s recent decision to temporarily halt the sale of vehicular natural gas to 13 distribution companies amid the ongoing energy crisis caused by severe drought.

Monday, September 30th, 2024
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The ACP’s Frank Pearl on a Colombian energy transition

Frank Pearl, president of the Colombian Oil and Gas Association (ACP), stands on the front lines of the industry’s relationship with the fervently anti-oil government of President Gustavo Petro. Pearl had just passed his one-year anniversary and Petro his second, so recently, I dropped by the ACP’s offices for a visit. I asked Frank where he saw the industry and where the association was going.

Sunday, September 29th, 2024
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