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Indumil president Lucas Ariza said the state-owned arms and explosives company is not looking to buy Venezuelan fertilizer maker Monómeros.

GeoPark completed its entry into Venezuela on November 2, when its 25-year Production Participation Contract (CPP) for the Bare Block took effect well before the 120-day period the contract allowed, and Grupo Gilinski became its controlling shareholder.

Chevron says it plans to invest more than US$100 million in Colombia over the coming years and to reach 200 service stations in priority markets under the Texaco brand.

Colombia’s Ministry of Mines and Energy lifted the scheduled natural gas limitation at 11:59 p.m. on Saturday, October 31, after corrective work at the SPEC LNG regasification terminal in Cartagena finished ahead of schedule.

Drummond Energy says it holds four exploration and production contracts for unconventional gas, the only company in Colombia with such contracts, and is pressing the government to clear the way for its Cesar-Ranchería project.

An embargo by the tax authority DIAN over a CoP$16.4 trillion dispute would leave Ecopetrol with resources to operate for only 23 days, according to an internal company document.

Parex Resources and the national government have handed over two drinking water and sanitation projects in Saravena, Arauca, with total resources of more than CoP$46.5 billion.

A proposal from labor leaders would take Colombia’s minimum wage to nearly CoP$2.5 million next year, excluding the transport allowance, as formal talks are expected to start in mid-November.

Arrow Exploration says corporate production has passed 6,500 barrels of oil equivalent per day (boed), a company record, on the back of drilling at the Icaco pad on the Tapir block in the Llanos basin.

Sociedad Portuaria El Cayao (SPEC) reported an operational failure in one of the four trains at its Cartagena LNG regasification unit, and the terminal will run at 400 mmcfd during repairs.