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Support for oil and gas sector increases

At the VII Oil and Gas Summit, the consulting firm Jaime Arteaga y Asociados presented the sixth edition of the Petroleum Barometer, a comprehensive study that tracks public perceptions, concerns, and expectations regarding Colombia’s oil and gas sector.

Tuesday, October 8th, 2024
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CNE under investigation

Canacol Energy (TSX: CNE) is currently under investigation by Colombia’s Ministry of Mines and Energy (MinEnergia) due to its failure to meet the gas production commitments it made for 2025 and 2026.

Tuesday, October 8th, 2024
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ECP-Promigas gas agreement

ECP-Promigas gas agreement

Ecopetrol (NYSE: EC), through its subsidiary Cenit, reached an agreement with Promigas to evaluate a new connection between the gas markets of Colombia’s coast and interior.

Monday, October 7th, 2024
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New offshore gas exploration well

Ecopetrol (NYSE: EC) announced a significant new step in its offshore gas exploration efforts with the launch of the “Papayuela” well, located in the Gua-Off-0 block (previously known as Tayrona) in Colombia’s Caribbean region.

Monday, October 7th, 2024
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Priorities of ANH

During the VII Oil, Gas, and Energy Summit, Orlando Velandia, President of the National Hydrocarbons Agency (ANH) of Colombia, addressed critical concerns about the country’s natural gas sector, particularly the looming deficit projected for 2025.

Monday, October 7th, 2024
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Investment outflows from Latin America

At the close of the ANIF Capital Markets Seminar, Ángela Hurtado, President of JP Morgan Colombia, talked about the key factors driving investment capital outflows from Latin America and how this region’s behavior contrasts with the rest of the world.

Monday, October 7th, 2024
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Peace Summary: Fish and chip paper

The ELN process is suspended! No wait. We reported that last month. But this month, Petro confirmed it. He’s given up on them. Still old news. The process with the Segunda Marquetalia almost fell off the rails but the two sides will meet now in Cuba. Didn’t we say that before? Maybe. Or something similar. The Clan? No change? Mordisco? Still blowing things up? Calarca? Not clear.  Yesterday’s news.

Monday, October 7th, 2024
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Colombia faces gas shortage by 2025

Colombia faces gas shortage by 2025

Bruce Mac Master, president of the National Business Association of Colombia (ANDI) and the Business Council, issued a stark warning regarding the country’s energy future.

Thursday, October 3rd, 2024
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Colombia leads in income inequality in the Americas

Colombia continues to grapple with deep economic disparities, ranking as the third most unequal country in the world in terms of income distribution, according to recent data from the World Bank.

Thursday, October 3rd, 2024
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Suspension of the Komodo-1 well

Recently, the Ministry of Environment (MinAmbiente), headed by Susana Muhamad, made the decision to suspend the environmental licensing process for the Komodo-1 well.

Thursday, October 3rd, 2024
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