In a recent interview, former Vice President Germán Vargas Lleras, voiced significant concerns regarding the current state of prior consultations, emphasizing that around 9,000 projects are currently stalled due to these lengthy procedures.
In 2023, the companies within the Ecopetrol Group (NYSE: EC) played a significant role in job creation across various regions of Colombia.
The Mining and Energy Planning Unit (UPME), in alignment with previous forecasts, anticipates a potential deficit in natural gas supply towards the end of 2026, driven by increased demand associated with El Niño.
The recent blockade of key oil-producing regions in Puerto Gaitán, Meta, led to significant financial losses.
Parex Resources Inc. (TSX: PXT) provided an update on its Northern Llanos operations, which are being affected by ongoing social protests in the region that began on January 22, 2024.
NG Energy announced the appointment of a new CEO, Brian Paes-Braga.
In a recent update to this year’s Financial Plan, the Colombian government revised its projections for oil production, Brent crude prices, and the exchange rate.
As the imminent arrival of the El Niño phenomenon loomed, Ecopetrol (NYSE: EC) executed a rigorous energy efficiency program since last year to optimize electricity, natural gas, and thermal energy consumption.
Bancolombia’s economic team has unveiled projections for Ecopetrol’s (NYSE: EC) oil reserves.
The International Energy Agency (IEA) released a recent report indicating that global gas demand is poised for a robust resurgence in 2024, despite lingering uncertainties in the market.
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