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Gas supply deficit for 2025

EPM raised alarms about a critical gas supply shortage projected for 2025, with only 70% of its gas needs secured, leaving a 30% gap in its contractual coverage.

Tuesday, November 5th, 2024
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Energy officials on gas supply issues

The recent government announcement about “planned gas rationing” in Colombia sparked concern, yet officials are clarifying the situation.

Tuesday, November 5th, 2024
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Bioenergy’s transformation

On October 31, Rubén Darío Lizarralde announced his departure from Bioenergy after four and a half years of transformative leadership.

Tuesday, November 5th, 2024
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Court approves Uchuva 2 drilling

Court approves Uchuva 2 drilling

A Colombian tribunal revived the drilling of Uchuva 2, a critical natural gas well, while mandating consultation with Indigenous communities in Taganga, Magdalena, who may be affected by the project.

Monday, November 4th, 2024
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Underweight rating to Ecopetrol

In a recent analysis, J.P. Morgan downgraded Ecopetrol’s stock to “Underweight.”

Monday, November 4th, 2024
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New CEO of TGI

Transportadora de Gas Internacional (TGI) announced a new CEO.

Monday, November 4th, 2024
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Fuel storage regulations

The Colombian government issued a new decree to enhance strategic fuel storage, focusing on liquid fuels and propane, particularly in border regions, to improve energy security and timely fuel availability.

Monday, November 4th, 2024
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Peace Process: War is merely the continuation of policy by other means

This phrase of Clausewitz comes to mind this month as Mordisco gets more “stick” than in recent months while others, including the ELN, get offered “carrots”. Meanwhile, the Segunda Marquetalia’s alias Ivan Marquez has not returned anyone’s calls for month so the press speculated he was dead. High Peace Commissioner Otty Patiño assures us he’s just resting.

Monday, November 4th, 2024
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Rig count in September

Rig count in September

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for September 2024.

Thursday, October 31st, 2024
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Komodo-1 drilling halted temporarily

Ecopetrol (NYSE: EC) confirmed the suspension of drilling activities for its Komodo-1 well, located in Colombia’s deep-water Caribbean region, due to ongoing licensing issues.

Thursday, October 31st, 2024
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