Just as Colombia’s National Environmental Licensing Authority (ANLA) was about to issue a decision on granting an environmental license for one of Ecopetrol’s most significant offshore hydrocarbon exploration projects, a new obstacle emerged from the Ministry of Environment (MinAmbiente).
Ricardo Roa Barragán, President of Ecopetrol (NYSE: EC), provided new insights into the collapsed negotiations with Occidental Petroleum (NYSE: OXY) that aimed to acquire a significant stake in CrownRock, a company engaged in fracking in the US.
Colombia is set to see a significant increase in its natural gas transport capacity following recent decisions by the Energy and Gas Regulatory Commission (CREG).
Las week marked two years since Gustavo Petro Urrego took office as Colombia’s first left-wing president, bringing with him a wave of proposed reforms aimed at reshaping the nation’s economic landscape.
Colombia’s Minister of Mines and Energy (MinEnergia), Ómar Andrés Camacho, dismissed the possibility of Colombia needing to import gas from other countries, insisting that there is no immediate risk of a gas supply shortage.
Gran Tierra Energy Inc. (TSX: GTE) gave a positive operational update with results.
As Colombia braces for a looming natural gas deficit by 2025, Ecopetrol (NYSE: EC) explored a controversial solution: importing natural gas produced through fracking from the US.
Cenit, a subsidiary of Grupo Ecopetrol, faced significant challenges in repairing the Caño Limón-Coveñas pipeline in the rural area of Convención, Norte de Santander, Colombia.
And it’s only half over… The past two years since President Gustavo Petro’s inauguration on August 7th 2022 have not lacked for excitement – or risk. For oil and gas investments in Colombia, the Chinese curse “May you live in interesting times” has never been more apt. But, frankly, we are living it and surviving.
Geopark Limited (NYSE: GPRK) announced its financial results for the three-month period ended June 30th, 2024.
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