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Fitch affirms SierraCol’s rating

Fitch Ratings affirmed the Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of SierraCol Energy Limited at ‘B+’, maintaining a Stable Outlook.

Thursday, May 15th, 2025
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ECP’s debt grows

Ecopetrol (NYSE: EC) reported a CoP$10T increase in its debt over the past year, driven entirely by the depreciation of the Colombian peso.

Thursday, May 15th, 2025
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CNE 1Q25 results

CNE 1Q25 results

Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ending March 31st, 2025.

Wednesday, May 14th, 2025
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Citi sees opportunity in Ecopetrol

Global banking giant Citi has weighed in on the recent downturn in Ecopetrol’s (NYSE: EC) share price and earnings, following the Colombian oil company’s first-quarter results, an ongoing tax dispute with the national tax authority (DIAN), and growing concerns over declining global crude prices.

Wednesday, May 14th, 2025
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New Rules to support natural gas supply

The Energy and Gas Regulation Commission (CREG) published a new regulatory document that sets out complementary rules for the execution of projects included in the country’s Natural Gas Supply Plan (PAGN).

Wednesday, May 14th, 2025
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State Council rules in favor of ECP

After nearly a decade of litigation, Colombia’s State Council has upheld a ruling that clears state-run oil company Ecopetrol of liability in a US$210M lawsuit filed by foreign firm Worldwide Energy Investment (WEI).

Wednesday, May 14th, 2025
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Frontera 1Q25 results

Frontera 1Q25 results

Frontera Energy (TSX: FEC) announced its financial and operating results for 1Q25.

Wednesday, May 14th, 2025
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ECP delays Komodo drilling again

Ecopetrol (NYSE: EC) has once again postponed the drilling of its ultra-deepwater Komodo well in the Caribbean Sea, citing ongoing restrictions from the National Environmental Licensing Agency (ANLA) that continue to make the project unviable.

Tuesday, May 13th, 2025
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Violent acts at Quifa

The Colombian Petroleum and Gas Association (ACP) strongly condemned the violent incidents that occurred yesterday at the Quifa oil field, located in the Puerto Triunfo area of Puerto Gaitán, Meta.

Tuesday, May 13th, 2025
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MinEnergia and unions sign agreement

The Ministry of Mines and Energy (MinEnergia), under the leadership of Minister Edwin Palma, signed the first-ever sector-wide collective agreement with unions representing the country’s mining and energy workers.

Tuesday, May 13th, 2025
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