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ECP shares under pressure

ECP shares under pressure

Despite a recent recovery in global oil prices, Ecopetrol’s (NYSE: EC) share price continues its downward trend, weighed down by investor concerns over government policy decisions and corporate governance at Colombia’s largest company.

Wednesday, July 16th, 2025
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FEC completes share buyback

Frontera Energy Corporation (TSX: FEC) announced the successful completion of its substantial issuer bid, through which the company repurchased 7,583,333 of its outstanding common shares at a price of US$12.00 per share.

Wednesday, July 16th, 2025
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Export of paraffin to Brazil

Ecopetrol (NYSE: EC) successfully completed its first direct export operation of light liquid paraffin from the Barrancabermeja refinery, marking a significant step in the company’s strategy to expand its petrochemical product reach across Latin America.

Wednesday, July 16th, 2025
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Fuel distributors face certification

The Colombian government has introduced a new regulatory requirement for liquid fuel distributors operating in ten departments identified as high-risk due to the prevalence of illicit crops.

Wednesday, July 16th, 2025
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Mid-year economic report

Mid-year economic report

At the close of the first half of 2025, Colombia’s oil and gas sector continues to show alarming signs of weakening, according to the latest Semáforo de la Economía (Economic Traffic Light).

Tuesday, July 15th, 2025
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Ecopetrol–Aerocivil Agreement

In a major step toward decarbonizing air travel, Colombia’s Civil Aviation Authority (Aerocivil) and Ecopetrol (NYSE: EC) signed a Memorandum of Understanding (MoU) to jointly promote the development of Sustainable Aviation Fuel (SAF) through the new program “SAF Vuela”.

Tuesday, July 15th, 2025
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Geothermal energy boost

In a landmark move to diversify Colombia’s energy matrix, the government of President Gustavo Petro has officially authorized Ecopetrol (NYSE: EC) to move forward with geothermal exploration projects.

Tuesday, July 15th, 2025
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Zaidi resigns from Arrow

Arrow Exploration Corp. (TSXV: AXL), a high-growth oil and gas operator with a strategic portfolio across Colombia’s key hydrocarbon basins, has announced the resignation of Board Director Anthony Zaidi, effective immediately.

Tuesday, July 15th, 2025
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CNE update on drilling activities

CNE update on drilling activities

Canacol Energy Ltd. (TSX: CNE) released an update on its ongoing exploration drilling operations in Colombia, reporting both challenges and successes across several key wells targeting the Cienaga de Oro (CDO) sandstone reservoir.

Monday, July 14th, 2025
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New rules for unrenewable resource production incentives

The Colombian Ministry of Mines and Energy (MinEnergia) released a draft resolution for public comment that aims to update the rules for distributing production incentives for non-renewable natural resources and their transportation via maritime and river routes.

Monday, July 14th, 2025
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