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Ecopetrol on Arauca-8 well

The Ministry of Mines and Energy congratulated Ecopetrol (NYSE: EC) and Parex for the exploratory well Arauca-8 in the municipality of Saravena, discovered under the Arauca Agreement. However, the NOC released a statement clarifying some things about the well.

Thursday, January 25th, 2024
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New Executive Director at Acipet

The Colombian Association of Petroleum Engineers (Acipet) announced the appointment of a new Executive Director.

Thursday, January 25th, 2024
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Cormagdalena on Barranquilla port dredging

Colombian industry, including the oil sector, use the Magdalena River to haul goods to the Caribbean Sea. Unfortunately, the river constantly silts up. The director of Cormagdalena, Álvaro Redondo, talked about the Barranquilla port dredging contract.

Thursday, January 25th, 2024
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GTE’s reserves in 2023

GTE’s reserves in 2023

Gran Tierra Energy Inc. (TSX: GTE) announced the company’s 2023 year-end reserves.

Wednesday, January 24th, 2024
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Royalty deduction reconsideration

Reconsideration of a proposal from the Ministry of Finance (MinHacienda) of royalties deductibility is back on the table, courtesy of the Constitutional Court’s Plenary.

Wednesday, January 24th, 2024
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Terpel’s expansion and green initiatives

Terpel, the second-largest revenue-generating company in Colombia after Ecopetrol, has unveiled its strategic plans for 2024, encompassing significant expansions and green initiatives.

Wednesday, January 24th, 2024
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ECP’s bond issuance

Ecopetrol (NYSE: EC) recently made waves in the international market with its significant bond issuance.

Wednesday, January 24th, 2024
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A shift in natural gas landscape?

A shift in natural gas landscape?

The Gas Market Manager of the Mercantile Exchange of Colombia recently published a report on natural gas production.

Tuesday, January 23rd, 2024
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Fiscal risks of Petro’s tax reform

Diego Pereira, J.P. Morgan Chase’s Chief Economist for the Southern Cone and Peru, provided a perspective on critical issues facing Colombia.

Tuesday, January 23rd, 2024
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Negative trend to Ecopetrol’s ratings outlook

In the wake of Colombia’s recent sovereign rating downgrade, S&P Global Ratings has extended its discerning eye to Ecopetrol (NYSE: EC).

Tuesday, January 23rd, 2024
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