Frontera Energy (TSX: FEC) announced its financial and operating results for 4Q23.
In the wake of the restructuring process initiated on September 8, 2023, by CB&I UK Limited, a subsidiary of McDermott International Ltd., in the UK, Refinería de Cartagena (Reficar), a subsidiary of Ecopetrol (NYSE: EC), received notification of a UK court’s decision approving CB&I’s financial restructuring plan.
The company, MinHacienda and those sympathetic to the government quickly blamed Ecopetrol’s 43% drop in Net Income in 2023 on oil prices. Petro attributed it to the end of fossil fuels. The opposition blamed government mismanagement. Who is right or perhaps, what is the right balance between the various partial explanations?
Frontera Energy Corporation (TSX: FEC) received the 2024 World’s Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
Parex (TSX: PXT) announced its financial and operating results for the fourth quarter 2023. Here are the details.
Campetrol, with information from the National Hydrocarbons Agency (ANH), reported the drilling of exploratory and development wells during 2023.
Frontera Energy (TSE: FEC) is navigating a strategic shift in its investment approach for the year 2024. CEO Orlando Cabrales talked about the company’s priorities and adjustments.
Standard & Poor’s (S&P) confirmed a ‘AAA’ rating for the Terpel Organization.
Cenit announced the activation of its Emergency and Contingency Plan in response to an irregularity in its infrastructure. What triggered this action?
GeoPark Limited (NYSE: GPRK) announced its independent oil and gas reserves assessment, certified by DeGolyer and MacNaughton Corp. (D&M) under PRMS methodology, as of December 31, 2023.