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Sanctions against Perenco

The National Environmental Licensing Agency (ANLA) initiated three environmental penalty proceedings against Perenco Colombia Limited for environmental mismanagement in Casanare.

Thursday, January 18th, 2024
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Petro advocates for environmental change at Davos

President Gustavo Petro, amidst his participation in the World Economic Forum in Davos, Switzerland, reiterated his steadfast proposal to break free from the shackles of gas and oil exploration as the foundation of economies.

Thursday, January 18th, 2024
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Completion of Cupiagua plant maintenance

Ecopetrol (NYSE: EC) reported the successful completion of maintenance activities at the Cupiagua Gas Plant in Aguazul, Casanare, a day ahead of schedule.

Thursday, January 18th, 2024
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Parex 2024 guidance

Parex 2024 guidance

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

Wednesday, January 17th, 2024
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Petro on new oil contracts

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.

Wednesday, January 17th, 2024
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ECP’s statute reform

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.

Wednesday, January 17th, 2024
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Surveillance on Magdalena river

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.

Wednesday, January 17th, 2024
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Expanding gas access

Expanding gas access

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

Tuesday, January 16th, 2024
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Ocensa and communities reach agreement

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.

Tuesday, January 16th, 2024
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New tax reform

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).

Tuesday, January 16th, 2024
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