News and AnalysIs for

Ecopetrol (NYSE: EC) is undergoing a series of changes within its executive team.

The Pacific Regasification project remains one of Colombia’s energy endeavors that the government is determined to develop to bolster energy security.

Ecopetrol’s Net Income looks to fall just over 40% this year with most of the decrease coming from E&P. What causes that? Lower oil prices? Higher costs as President Gustavo Petro turns the NOC into his social agenda’s “petty cash”? Or, as the press release put it, tax reform?

Transportadora de Gas Internacional (TGI), a subsidiary of Grupo Energía Bogotá (GEB), published its results for the second quarter of this year.

Orlando Cabrales, President of Frontera Energy, spoke about the energy transition and the impact of the tax reform on exploration activity in the country.

Ecopetrol (NYSE: EC) talked about its plans in the Colombian Caribbean.

Parex Resources Inc. (TSX: PXT) announced the appointment of Sanjay Bishnoi to Chief Financial Officer (CFO), effective October 2, 2023.

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for July 2023.

In yet another unfortunate incident, the Coveñas Caño Limón (CCL) oil pipeline fell victim to an attack by armed groups.

Terpel released its operational results for the first half of the year, showcasing an uptick in sales as the government raises prices to get to global levels.