Arrow Exploration Corp. (TSX Venture: AXL) confirmed it is negotiating with Colombia’s National Hydrocarbons Agency (ANH) to return the COR-39 block, located between Cundinamarca and Tolima, while focusing its efforts on extending operations in the Tapir block.
At the first Ecopetrol–USO Forum on Oil, Gas, and Energy Transition, Luciano Sanín, Chief of Staff at Colombia’s Ministry of Mines and Energy (MinEnergia), outlined the government’s main strategies to transform the national energy mix.
At the 1st Forum on Oil, Gas, and Energy Transition, Ecopetrol (NYSE: EC) President Ricardo Roa emphasized the company’s dual strategy: safeguarding its traditional hydrocarbons business while accelerating investment in renewables and low-carbon technologies.
The closure of the highway to the Llanos region has placed Colombia’s propane supply at risk, according to the Colombian Association of Gas Marketers (Agremgas).
Colombia’s business community has voiced alarm over the U.S. government’s decision to decertify the country in its anti-narcotics efforts, warning that the move could erode investor confidence, weaken the peso, and strain bilateral trade ties.
Coviandina, the concessionaire in charge of the Bogotá–Villavicencio highway, announced a contingency plan to address the closure of the key Llanos Road, blocked since last Saturday by massive landslides triggered by heavy rains.
Ecopetrol (NYSE: EC) announced the commercialization of between 12 and 26 Gbtud of natural gas from the Floreña field, located in the Llanos Foothills, for the period 2026–2028.
Colombia risks losing CoP$38T (US$9.5B) and up to 74,000 jobs if the country proceeds on its energy transition without a clear and orderly strategy, according to a new report by the National Federation of Coal Producers (Fenalcarbón) and the Regional Center for Energy Studies (Cree).
Colombia’s oil industry faces a grim outlook in 2025 as production declines, exploration investment hits record lows, and international oil prices remain weak.
Ecopetrol (NYSE: EC) moved to justify its US$42M payment for the Termomorichal I and II power plants after W Radio disclosed internal emails that appeared to question whether the company was obligated to pay at the end of the BOOMT (Build, Own, Operate, Maintain and Transfer) contract.
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