The Mexican government has unveiled a strategic financing plan to support state-owned oil giant Petróleos Mexicanos (Pemex) in tackling its massive financial debt, which stands at US$98.8B.
NG Energy International Corp. (TSXV: GASX) announced the spudding of the Aruchara-4 well at its Maria Conchita block and reported that gross production from the Sinu-9 block reached 22mmcfd. The company also provided a detailed operational update for both assets.
Frontera Energy (TSX: FEC) announced its financial and operating results for 2Q25.
GeoPark (NYSE: GPRK) CEO Felipe Bayón announced an increase in the company’s 2025 investment guidance, with all additional resources earmarked for its Colombian operations.
Primax Colombia announced that its majority shareholders, Inversiones Piuranas S.A. and Global Monastir S.L., have signed a share purchase agreement with companies affiliated with UNO Corp., under which the Central American group will acquire all shares held by the sellers.
During his visit to Monómeros’ headquarters to review the company’s financial statements, infrastructure, and the working conditions of its 522 direct employees and nearly 1,200 indirect workers, Colombia’s Minister of Mines and Energy (MinEnergia), Edwin Palma, praised the company’s resilience and strong performance despite the significant challenges it faces.
Empresas Públicas de Medellín (EPM) announced a financial incentive of up to CoP$2.0M for the installation of Natural Gas Vehicle (NGV) equipment.
Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ending June 30th, 2025.
Geopark Limited (NYSE: GPRK) announced its financial results for the three-month period ended June 30th, 2025.
Amid growing concerns over Colombia’s looming gas shortage, the Petro administration appears to be opening the door, albeit quietly, for Drummond Energy to produce gas from coal bed methane (CBM), a resource found in unconventional reservoirs.
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