Mines and Energy Minister Edwin Palma convened an interinstitutional meeting in Bogotá on May 13 to review the financial and operational situation at Canacol Energy and its potential implications for Colombia’s gas supply and market stability.
This week Ecopetrol published its financial results for the first quarter and the company received the usual criticism. We wrote briefly about our opinion – higher Brent means better results – and this long article will get deeper “under the hood”.
Parex Resources Inc is pleased to announce that the Company is poised to become Colombia’s largest independent oil and gas producer and to provide new corporate guidance. Additionally, the Company reports its financial and operating results for the three-month period ended March 31, 2026, and the declaration of its Q2 2026 regular dividend of C$0.385 per share. All amounts herein are in United States Dollars (“USD”) unless otherwise stated.
We thought this interesting considering the interaction of the political realm with the stock market but THIS ARTICLE SHOULD IN NO WAY BE CONSIDERED INVESTING ADVICE.
Fitch Ratings placed Frontera Energy Corporation’s US$310M senior unsecured notes due June 2028 on Rating Watch Positive (RWP), maintaining the existing ‘B’ rating with a Recovery Rating of ‘RR4’, in a commentary published May 8.
Former MinEnergia Amylkar D. Acosta M. mounts a sharp defense of Ecopetrol against what he characterizes as the Petro government’s intention to dismantle the company piecemeal, using the Ministry of Finance’s submission to Congress of an indicative plan to divest strategic assets valued at CoP$50T as his central exhibit.
Ecopetrol opened 2026 with a quarter that told two stories simultaneously: a seventh consecutive period of falling net income, and an EBITDA margin that matched the company’s best-ever historical quarters.
Arrow Exploration Corp. delivered a mixed full-year 2025, growing output while absorbing the dual hit of weaker crude prices and a significant asset impairment.
A dispute between two Colombian fuel distributors has drawn formal complaints to both the Fiscalía and the Ministry of Mines, reopening questions surrounding the Ocean Mariner — the Liberian-flagged vessel intercepted by the U.S. Navy in February after diverting from its declared destination in the Dominican Republic toward Cuba, carrying a cargo valued at US$6.9M.
Canacol Energy, Canada’s second-largest independent gas producer in Colombia, which is under creditor protection has attracted concern about a possible supply crisis.
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