Parex (TSX: PXT) announced its financial and operating results for the first quarter 2024. Here are the details.
The headlines scream “Ecopetrol Net Income falls 29%!” with a picture of Ricardo Roa looking forlorn (as he often does these days). The text alludes to Roa’s (many) legal issues caused by his responsibility for Gustavo Petro’s presidential election campaign, trying to tie these somehow to the NOC’s falling performance. As always, the reality is considerably different – and more complex than what you read in the popular press although they sometimes get it right. Roa’s leadership and tenure remain controversial.
Gran Tierra Energy Inc. (TSX: GTE) announced its financial and operating results for the first quarter of 2024.
Colombian oil company Ecopetrol (NYSE: EC) announced that it is evaluating the possibility of purchasing some of the assets of Canadian company Canacol Energy (TSX: CNE).
Primax Colombia and the Foundation for Conservation and Sustainable Development (FCDS) signed an agreement to promote reforestation at the Terrapreta nursery in San José del Guaviare.
The arbitration saga surrounding the Reficar case has reached its conclusion, marking a significant victory for Colombia.
GeoPark Limited (NYSE: GPRK) announced its operational update for the three-month period ended March 31, 2024.
Canacol Energy Ltd. (TSX: CNE) provided the following update regarding the sale of its shareholdings in Arrow Exploration Corp, gas sales and drilling operations update.
Juan Camilo Nariño, the Colombian Mining Association’s (ACM) president, disclosed the value of goods and services contracted by miners in the country.
The mining sector in the country finds itself amidst challenging times. Legal changes, tax adjustments, reforms, and the government’s stance towards the sector have all contributed to deep-seated uncertainty.
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