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Parex Resources Inc. (TSX: PXT) published its 2024 budget and announced positive test results at its Arauca-8 exploration well (50% W.I.).

In a statement during the World Economic Forum in Davos, Switzerland, President Gustavo Petro reiterated the government’s decision to not issue new oil, gas, and coal exploration contracts.

The Extraordinary Assembly has approved a 30% representation of women on the new Board of Directors (3 out of 9 members), along with relaxed requirements for those aspiring to join this body.

In recent months, threats against oil transporters and shipping companies operating on the Magdalena River have prompted the Colombian Navy to ramp up security measures.

In the ever-evolving landscape of energy transition, Colombia is making significant strides in the mass adoption of natural gas.

In recent days, Ocensa raised concerns about a potential rupture in the oil pipeline at kilometer 235 due to pipe damage and the inability to perform maintenance due to community blockades.

The prospect of President Gustavo Petro implementing adjustments to the tax reform approved in 2022, aiming to reduce corporate income tax rates while increasing taxes on higher-income individuals, sparked a mixed reaction among business leaders, academics, economists, and former directors of the National Directorate of Taxes and Customs (DIAN).

In a surprising move, the Jurisdicción Especial para la Paz (JEP), or Special Jurisdiction for Peace, accepted José Eduardo González Sánchez, a former captain in the National Army who served as the deputy head of security for Ecopetrol (NYSE: EC), into its jurisdiction.

The Ministry of Mines and Energy (MinEnergia) announced fuel prices for the first month of 2024. Here are the details.

NG Energy International Corp. (TSXV: GASX) announce that, with its partners Olympo and Duemav in the Maria Conchita Block and with Clean Energy and Oleum in the SN9 Block, it has increased reserves at both Maria Conchita and Sinu-9 as part of an updated independent analysis by Sproule International Limited (Sproule).