S&P Global Ratings has downgraded the credit rating of Canacol Energy Ltd. (TSX: CNE), one of Colombia’s leading natural gas producers.
Since Donald Trump became President of the United States on January 20th, 2025 –really since he was elected in early November, 2024 – global stock markets have been on a magic carpet ride, from the highs of expectations of market-driven policies to the lows of fears of a tariff-war induced global depression. Share prices of oil and gas producers have ridden the same magic carpet, with Colombian companies pulled along by the same forces.
GeoPark Limited (NYSE: GPRK) announced the divestment of specific non-core assets and the implementation of cost-efficiency initiatives. These actions aim to reinforce the company’s strategy of delivering profitable, reliable, and sustainable long-term growth.
Ecopetrol (NYSE: EC) is evaluating a potential acquisition of SierraCol Energy Ltd., the country’s largest independent oil producer, currently owned by private equity firm Carlyle Group.
NG Energy International Corp. (TSXV: GASX) shared updates on its operations and the progress of its transaction with Etablissements Maurel & Prom S.A. (M&P).
The Colombian National Environmental Licensing Agency (ANLA) initiated an environmental sanctioning process against Ecopetrol (NYSE: EC) and Frontera Energy (TSE: FEC).
The 14th edition of Colombia Genera provided a valuable platform for industry representatives to emphasize the relevance of strengthening the mining and energy sector to boost the country’s competitiveness.
Cenit, a subsidiary of Ecopetrol Group, condemned the kidnapping of five workers from a contracting company who were on their way to repair the Bicentenario Pipeline.
Bloomberg recently showed a chart tracking the mentions of the word “uncertainty” in articles about trade. It has spiked dramatically since the 20th of January of this year, sending the stock market into a tailspin. Concerns about oil demand have depressed prices. Will (should?) E&Ps be revising their CAPEX plans?
GeoPark (NYSE: GPRK) achieved a historic milestone in its operational history.