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Alarm over gas supply risks

Alarm over gas supply risks

The Colombian Association of Large Energy Consumers (Asoenergía) issued a stark warning regarding the significant risks industries face from the ongoing challenges in the gas sector.

Thursday, October 17th, 2024
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Sirius gas field discovery

A recent report from ANIF, Colombia’s economic research center, highlighted that the country’s current gas reserves will only meet domestic demand for about five more years.

Thursday, October 17th, 2024
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ECP’s AI integration

Ricardo Roa, President of Ecopetrol (NYSE: EC), recently confirmed that the company is actively incorporating artificial intelligence (AI) into its operations, responding to a call from Colombian President Gustavo Petro to embrace the technology.

Thursday, October 17th, 2024
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Catalyst for change in Colombia’s regions

Ecopetrol (NYSE: EC) has become a driving force for regional development through its focus on sustainability and social responsibility.

Thursday, October 17th, 2024
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Naturgas warning

Naturgas warning

Luz Stella Murgas, President of the National Association of Natural Gas (Naturgas), issued a stark warning.

Thursday, October 17th, 2024
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Clarity on new royalty formula

Following a recent meeting, Colombia’s governors, organized under the National Federation of Departments (FND), called on the national government to review the new formula for the General System of Royalties (SGR) budget for the 2025-2026 period.

Thursday, October 17th, 2024
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PGN on Komodo-X1

The Inspector General’s Office (PGN) requested that the National Environmental Licensing Agency (ANLA) lift the suspension of the environmental licensing process for the Komodo-X1 offshore hydrocarbon exploration drilling project, located in the COL-1 block of the Caribbean Sea.

Thursday, October 17th, 2024
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Colombia’s major gas discoveries

Seven years ago, Colombia celebrated what was hailed as the country’s largest natural gas discovery in four decades.

Thursday, October 17th, 2024
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GeoPark 3Q24 operational update

GeoPark 3Q24 operational update

GeoPark Limited released its operational update for the third quarter of 2024 (3Q24).

Wednesday, October 16th, 2024
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Extractive sector surtax upheld

In its ruling C-420, Colombia’s Constitutional Court upheld the corporate income surtax imposed on the mining and energy sector, as established in the 2022 tax reform.

Wednesday, October 16th, 2024
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