Cenit, a subsidiary of the Ecopetrol Group, issued a statement in response to allegations of environmental damage
Canacol Energy has been thrust into the spotlight as a fraud investigation unfolds, involving the multinational company and its subcontractor Petropolar Sucursal Colombia. Canacol vigorously defends itself, saying that it was a victim of Petropolar.
Primax, one of Colombia’s key energy companies, faced significant hurdles this year, primarily driven by climate-related and logistical issues.
GeoPark Limited released its operational update for the third quarter of 2024 (3Q24).
Parex Resources Inc. (TSX: PXT) released its production update for the third quarter of 2024. The company will announce its financial and operational results on November 5, 2024.
During the VII Oil, Gas, and Energy Summit, Rafael Guzmán, Executive Vice President of Operations at Ecopetrol (NYSE: EC), outlined the company’s strategic initiatives aimed at strengthening Colombia’s hydrocarbon sector.
The press has been chattering about Ecopetrol’s stock price for most of the third quarter. The ADRs were US$12.67 on June 24th (the last ex-dividend date) and closed last Friday at US$8.74 down 31%. The Colombian government, Ecopetrol’s 88% owner, seems unconcerned.
The Terpel Foundation recently celebrated its 20th anniversary, marking two decades of significant contributions to education in Colombia.
Colombia is facing a critical energy situation, with warnings from key stakeholders in the hydrocarbons and electricity sectors about a potential natural gas deficit by 2025.
Canacol Energy (TSX: CNE) is currently under investigation by Colombia’s Ministry of Mines and Energy (MinEnergia) due to its failure to meet the gas production commitments it made for 2025 and 2026.
2024, Hydrocarbons Colombia, All Rights Reserved.
