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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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Ecopetrol shareholders demand change

Minority shareholders of Ecopetrol (NYSE: EC), including pension funds, are calling for an extraordinary meeting to elect a new representative to the company’s Board of Directors.

Thursday, October 3rd, 2024
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Replacing natural gas with liquid fuels?

Replacing natural gas with liquid fuels?

Ecopetrol (NYSE: EC) urged the government to take necessary measures to secure the supply of natural gas for 2025 and 2026.

 

Wednesday, October 2nd, 2024
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Measures to ensure natural gas supply

Ecopetrol (NYSE: EC) is making strides towards securing the natural gas supply for over 36 million Colombians as part of its 2024-2034 strategic plan.

Wednesday, October 2nd, 2024
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Hydrocarbon crisis looms

As Colombia faces its lowest reservoir levels in 40 years due to a prolonged drought, the country is increasingly relying on thermoelectric plants to prevent energy rationing.

Wednesday, October 2nd, 2024
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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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