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University of Cartagena and Ecopetrol dispute

The Academic Council, the highest academic authority at the University of Cartagena, addressed the ongoing debt issue with Ecopetrol (NYSE: EC).

Wednesday, February 21st, 2024
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Authorities visit Llanos 34

Authorities visit Llanos 34

Minister of Mines and Energy (MinEnergia), Andrés Camacho, accompanied by the Director of Hydrocarbons at the Ministry, Adwar Casallas, and other high-ranking officials, recently visited the Llanos 34 block in southern Casanare, where approximately 7% of Colombia’s total oil production is managed by GeoPark (NYSE: GPRK).

Tuesday, February 20th, 2024
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Candidates for Ecopetrol Board

As the stage is set for Ecopetrol’s (NYSE: EC) forthcoming Ordinary Assembly, President Gustavo Petro’s recent allusions point towards potential changes in the leadership landscape of Colombia’s state-owned oil giant.

Tuesday, February 20th, 2024
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Alliance to produce biofuels

A groundbreaking initiative, led by Cementos Argos in collaboration with the University of Antioquia (UdeA), Eafit University, and Ecopetrol, backed by funding from the Ministry of Sciences, aims to harness biofuels from CO2 captured by microalgae.

Tuesday, February 20th, 2024
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Surtigas and Promigas contract

Surtigas, led by Santiago Mejía, announced the successful conclusion of the mandate contract subscription process with Promigas S.A., after a week of negotiations.

Tuesday, February 20th, 2024
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Frontera 2024 capital and production guidance

Frontera 2024 capital and production guidance

Frontera Energy Corporation (TSX: FEC) announced its full year 2024 capital and production guidance.

Monday, February 19th, 2024
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Fuel Taxes for 2024

According to the latest report by the Colombian Association of Petroleum and Gas (ACP), titled “Liquid Fuels in Colombia: Evolution 2023 and Perspectives 2024-2033,” the country will have an increase in its fuel tax collection.

Monday, February 19th, 2024
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Oil and coal “primary enemies”

During a regional meeting in Mariquita, Tolima, President Gustavo Petro escalated his rhetoric against oil and coal.

Monday, February 19th, 2024
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Ecopetrol to fund tech projects

Ecopetrol (NYSE: EC), in collaboration with the Ministries of Energy and Science (MinCiencia), has initiated a call for companies with projects focused on “Research + Development + Innovation” (R+D+I).

Monday, February 19th, 2024
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Where do we go now?

The major Colombian-focused publicly traded oil and gas companies have communicated their 2024 guidance. With the president talking down the industry every chance he gets and few or no friends in the public sector, one would not be surprised to see much negative sentiment. How do they really feel or, at least, what did they share with investors?

Sunday, February 18th, 2024
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