GeoPark announced its strategic entry into Venezuela through the Bare Block, a large-scale heavy-oil brownfield asset in the Orinoco Belt with roughly 15.7 billion barrels of original oil in place, over 700 million barrels of historical production, and about 1,100 existing wells.
All five senior managers in Ecopetrol’s Executive Vice Presidency for Energy Transition departed September 1, following the July 31 exit of the division’s chief, Bayron Triana — one day after Ricardo Roa’s own departure from the presidency.
Ecopetrol CFO Camilo Barco left the door open to eventually evaluating opportunities in Venezuela, even as the company keeps its immediate growth focus on markets where it already operates — Colombia, Brazil, the U.S. Permian, and nine other countries.
Promigas added more than 122,000 new natural gas users during the second quarter of 2026, bringing the company to 7.6 million clients across its business lines.
ANH president Ernesto Forero visited Canacol Energy’s Estación Jobo in Sahagún, Córdoba, on August 27 to see the company’s gas operations firsthand and identify concrete sector needs for formulating actions to recover production.
Arrow Exploration reported Q2 2026 revenue of US$34.2 million, up 116% year-on-year, with production averaging 4,902 boe/d (+30%), Adjusted EBITDA of US$25.1 million (+300%), and net income of US$10.4 million, reversing a US$0.9 million loss in Q2 2025.
The Superintendencia de Industria y Comercio (SIC) granted Universidad del Norte and Promigas a patent for their jointly developed “Active System for Pipe Defect Repair” via Resolución 32010 of April 29, 2026.
Ecopetrol committed CoP$5,000 million to support families affected by the August 10 earthquake and its aftershocks, which have left more than 50,000 people displaced nationally, coordinating with the national government and disaster-risk authorities on aid delivery.
BTG Pactual maintains a Neutral rating on Ecopetrol, with a 12-month price target of US$14.5 against the US$17.53 the stock traded at when the report published, implying a 17.3% potential decline, partially offset by an expected 5.1% dividend yield, for an estimated total return of -12.2%.
Vanti president Rodolfo Anaya said the Sandía gas discovery, located in the Caribbean near the Sirius field, could double Colombia’s gas reserves once official reports from operators Ecopetrol and Petrobras confirm its scale — a potentially pivotal find given the country’s ongoing loss of energy self-sufficiency.
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