CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC) announced an oil discovery at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana.
According to Marcela Muñoz, the manager of Vanti Gas Natural Cundiboyacense, Colombia currently has sufficient natural gas reserves to meet consumption needs for over eight years, even if exploration and production were suspended.
Fitch Ratings commented about its outlook on oil and natural gas prices for 2023.
Gas Natural distributor, Vanti, successfully extended its services to 1,200 households in the picturesque municipalities of Monguí and Tópaga, located in the scenic Boyacá region of Colombia.
The Secretary-General of OPEC, Haitham Al Ghais, stated that despite the increasing demand for alternative energy sources, the demand for oil will continue to rise.
Early in the month, the Colombian government and the ELN signed a ceasefire protocol which supposedly will let them negotiate substantial issues without the pressure of violence. We’ll see how that goes.
Campetrol, with information from the ANH, published the royalty collection in 2022 and the estimated figure for the first quarter of this year.
President Gustavo Petro delivered a strong speech criticizing those who have opposed his government’s rapid transition to clean energy, leaving behind the gradual production of hydrocarbons.
Fitch Ratings has assigned a BB+ rating to Ecopetrol’s new debt issuance.
The closing of the valves of the gas pipelines that supplied the southwestern region of the country opened a new discussion of whether the country is prepared for such emergencies.
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