News and AnalysIs for

Frontera Energy (TSE: FEC) is focused on re-directing its operations in Colombia.

Parex Resources (TSX: PXT) was the victim of an attack in Tame, Arauca.

The lead graph shows our annualized data for the evolution of Ecopetrol’s Net Income by Line of Business (LoB). The NOC has only reported through 3Q22 but we do a simple straight-line projection to compare to prior years. Barring some unforeseen implosion, shareholders can expect a record year for earnings driven by the E&P business. These results could not have come at a better time.

Ecopetrol (NYSE: EC) shares were removed from the MSCI US equity fund index. This is what experts said.

The Fifth Oil and Gas Summit organized a conference to discuss key issues like the energy transition, the future of the extractive sector, and the tax reform. HCC attended the event.

Canacol Energy Ltd. (TSX: CNE) provided the following information concerning its October 2022 natural gas sales along with exploration drilling plans for the remainder of 2022.

President Petro’s National Development Plan (PND) might maintain energy sovereignty.

The Minister of Mines and Energy (MinEnergia), Irene Vélez, took the stage of the Fifth Oil and Gas summit to talk about the energy transition process and the strategies to guarantee energy self-sufficiency. HCC attended the event.

President of Brazil, Luiz Inácio Lula da Silva, celebrated the election of Gustavo Petro as President of Colombia, highlighting their political and ideological affinities. The two of them, however, do not have as much in common as Lula seems to believe, at least when it comes to the oil sector.

This is the call that Oil Associations made to the Colombian government at the Fifth version of the Oil, Gas and Energy Summit.