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Exxon eyes regasification

Natural gas imports have become a major business opportunity in Colombia since the country lost energy self-sufficiency in December 2024. With limited resources to meet household demand, the government is now tracking six projects aimed at expanding import capacity, beyond the Cartagena regasification terminal that has been operating since 2016.

Tuesday, September 2nd, 2025
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Propane imports expand

Colombia’s propane sector is moving to expand import capacity from the Caribbean as the country faces a tightening energy supply, revealed the Colombian Propane Association (Gasnova).

Tuesday, September 2nd, 2025
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Who’s fault is it? (Part 2)

Who’s fault is it? (Part 2)

Ecopetrol’s deteriorating Net Income continues to consume (virtual) column inches in the Colombian business press. Our perhaps counter-to-the-current view has been that short-term financial performance is the wrong place to look for what might be wrong with the NOC. This week we dive deeper into the qualitative comments we made last time.

Monday, September 1st, 2025
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NG Energy 2Q25 results

NG Energy 2Q25 results

NG Energy International Corp. (TSXV: GASX) released its financial and operational results for the second quarter of 2025, highlighting both strong reserve growth and ambitious plans to expand production capacity in Colombia.

Thursday, August 28th, 2025
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Ecopetrol exploring acquiring CNE

Colombia’s state-owned oil company Ecopetrol (NYSE: EC) and natural gas producer Canacol Energy (TSX: CNE) are advancing discussions that could lead to a potential acquisition.

Thursday, August 28th, 2025
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Shell confirms exit from Colombia

Shell (LON: RDSB) has officially begun its withdrawal from Colombia’s hydrocarbon exploration sector, transferring its participation in three offshore contracts to Ecopetrol (NYSE: EC).

Tuesday, August 26th, 2025
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Terpel reports growth

Terpel reports growth

Organización Terpel closed the first half of 2025 with solid results, posting a 21.9% increase in net profit compared to the same period last year.

Monday, August 25th, 2025
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Promigas 2Q25 results

Promigas 2Q25 results

Promigas, the natural gas transporter serving Colombia’s Caribbean coast, reported its second quarter 2025 results.

Thursday, August 21st, 2025
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TGI 2Q25 results

TGI 2Q25 results

Transportadora de Gas Internacional (TGI), a subsidiary of Grupo Energía Bogotá (GEB), reported its 2Q25 results.

Wednesday, August 20th, 2025
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Parex maintains 2025 outlook

Parex maintains 2025 outlook

Canadian oil producer Parex Resources (TSX: PXT) reaffirmed its corporate guidance for 2025.

Monday, August 18th, 2025
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