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Legal setback for Hupecol over Caño Cristales

The Administrative Court of Cundinamarca rejected the E&P’s lawsuit, which sought compensation of over CoP$20B for damages and more than US$12M for opportunity costs, El Tiempo reported.

Thursday, April 4th, 2024
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Myths and truths about fuels

There are various myths and truths surrounding liquid fuels and the refueling process carried out by the millions of users who visit service stations in Colombia.

Thursday, April 4th, 2024
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New gas discovery

New gas discovery

Canacol Energy Ltd. (TSX: CNE) announced the following information concerning the new Pomelo 1 gas discovery.

Tuesday, April 2nd, 2024
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NG Energy guidance

NG Energy International Corp. (TSXV: GASX) announced its capital budget for the fiscal year ended December 31, 2024 and provided its production expectations for 2024.

Tuesday, April 2nd, 2024
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A socially impactful propane

Throughout Colombia’s recent history, the role of propane in the quest for energy transition and overcoming access barriers for the country’s most vulnerable populations, located in both urban and remote rural areas, has been evident.

Tuesday, April 2nd, 2024
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Colombia’s fuel subsidy saga

Subsidies on fuel have been a recurring theme in Colombia for decades, with a history dating back 50 years.

Tuesday, April 2nd, 2024
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TGI 4Q23 results

TGI 4Q23 results

Transportadora de Gas Internacional (TGI), a subsidiary of Grupo Energía Bogotá (GEB), published its results for the fourth quarter of this year.

Tuesday, April 2nd, 2024
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Canacol’s financial assurance

Canacol Energy (TSX: CNE), amidst market uncertainty regarding its operations, reassured stakeholders of its strong liquidity position and commitment to debt repayment.

Tuesday, April 2nd, 2024
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Minhacienda’s royalty ruling dilemma

The Constitutional Court received a proposal from Minister of Finance (MinHacienda) Ricardo Bonilla outlining four ways to mitigate the effects of a ruling that overturned the prohibition on extractive companies deducting royalties from income tax.

Tuesday, April 2nd, 2024
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A President with oil phobia

Former congressman Jorge Enrique Robledo made waves at the Ecopetrol (NYSE: EC) shareholders’ assembly by challenging the agenda and proposing changes he believes are essential to prevent further financial losses for the company’s shareholders.

Tuesday, April 2nd, 2024
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