Bogotá and Sweden reaffirmed their commitment to sustainability and social development through a Letter of Intent, paving the way for key projects, including an innovative biogas pilot plant.
Following Vanti’s announcement of a 36% increase in gas bills for users in Cundinamarca, various sectors have responded, alleging possible speculation by gas distributors.
GeoPark Limited (NYSE: GPRK) successfully completed a US$550M senior notes offering due 2030.
In recent hours, Vanti announced a significant increase in residential natural gas tariffs, with prices rising by up to 36%.
The agricultural sector emerged as one of the key drivers of Colombia’s economy in 2024. By the third quarter, it was the fastest-growing sector, expanding at an annual rate of 10.7%. After coffee, which had an exceptional year, permanent crops such as sugarcane showed the highest growth.
Vanti confirmed a 36% increase in natural gas tariffs starting in February, impacting residential, commercial, and industrial users across Bogotá, Medellín, Bucaramanga, Villavicencio, Manizales, Pereira, Armenia, Ibagué, Neiva, and Yopal, among other cities.
Arrow Exploration Corp. (TSXV: AXL) released an operational update[i] on the Alberta Llanos field within the Tapir Block in the Llanos Basin, where it holds a 50% beneficial interest.
Ecopetrol (NYSE: EC) announced a temporary shutdown of one of the 56 units at its Barrancabermeja refinery in March 2024. The maintenance, which occurs once every three decades, has been in planning for over three years.
The Colombian government, with a legal team comprising specialized attorneys from the National Agency for Legal Defense of the State (Andje) and external advisors, will defend itself before the International Centre for Settlement of Investment Disputes (ICSID) against a lawsuit filed by Chinese-owned but Canada-based mining company Continental Gold Inc.
We had planned to write about gas prices this week anyway but then on Friday, February 7th, one of the country’s biggest gas distributors, Vanti, said prices in some areas would have to go up by 36%. That got everyone’s attention
2025, Hydrocarbons Colombia, All Rights Reserved.
