The major Colombian-focused publicly traded oil and gas companies have communicated their 2024 guidance. With the president talking down the industry every chance he gets and few or no friends in the public sector, one would not be surprised to see much negative sentiment. How do they really feel or, at least, what did they share with investors?
The recent blockade of key oil-producing regions in Puerto Gaitán, Meta, led to significant financial losses.
Parex Resources Inc. (TSX: PXT) provided an update on its Northern Llanos operations, which are being affected by ongoing social protests in the region that began on January 22, 2024.
NG Energy announced the appointment of a new CEO, Brian Paes-Braga.
Canacol Energy Ltd. (TSX: CNE) provided its capital and gas sales guidance for 2024.
The Superintendence of Companies exposed the presence of a business group controlled by Canadian company Frontera Energy Corporation.
TGI entered into an agreement with the Swedish government to conduct pre-feasibility studies on the exploitation and development of biogas from landfill sites.
Trafigura announced its 2023 sustainability report, highlighted the advances at Impala Terminals in Colombia.
The Ministry of Mines and Energy congratulated Ecopetrol (NYSE: EC) and Parex for the exploratory well Arauca-8 in the municipality of Saravena, discovered under the Arauca Agreement. However, the NOC released a statement clarifying some things about the well.
The Colombian Association of Petroleum Engineers (Acipet) announced the appointment of a new Executive Director.