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Primax approves bond issuance

Primax Colombia S.A. announced that an extraordinary shareholders’ meeting was held, where several significant resolutions were approved.

Tuesday, June 18th, 2024
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Stable prices mean stable netback

Stable prices mean stable netback

It seems trivial to reduce all the work companies do to stimulate sales and manage costs to a simple rule but, for the last five quarters, the consequences have not changed. The lead graph shows Average Realized Oil Price in 1Q24 was very similar to 2023 and so was netback.

Sunday, June 9th, 2024
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GeoPark achieves reduction in GHG

GeoPark Limited (NYSE: GPRK) achieved a new milestone reducing its greenhouse gas (GHG).

Thursday, June 6th, 2024
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CNE corporate update

Canacol Energy Ltd. (TSX: CNE) provided the following update regarding scheduled interest payment, termination of Fitch Ratings coverage, and exploration drilling program.

Tuesday, June 4th, 2024
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NG Energy 1Q24 results

NG Energy 1Q24 results

NG Energy International Corp. (TSXV: GASX) announced its annual audited consolidated financial statements, for the fiscal year ended March 31, 2024.

Monday, June 3rd, 2024
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Naturgas’ call

The Colombian Natural Gas Association, Naturgas, raised concerns about the potential for an energy shortage in the country due to a continued decline in proven natural gas reserves.

Monday, June 3rd, 2024
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Moody’s downgrades Ecopetrol’s rating

Moody’s Investors Service downgraded the global credit rating of Colombia’s state-owned oil company, Ecopetrol (NYSE: EC).

Wednesday, May 29th, 2024
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GeoPark to invest in “Works for Taxes” projects

The Agency for Territorial Renewal (ART), in collaboration with the Ministry of National Education and the Ministry of Mines and Energy, approved the execution of four projects that GeoPark will finance under the “Works for Taxes” mechanism.

Tuesday, May 28th, 2024
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Manosalva is retiring

Héctor Manosalva, the president of Cenit, Ecopetrol Group’s hydrocarbon transportation subsidiary, will be stepping down from his role.

Monday, May 27th, 2024
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FEC considers strategic alternatives in Colombia

Frontera Energy ((TSE: FEC) announced that it has initiated a review of strategic alternatives for its independent and growing infrastructure business in Colombia.

Thursday, May 23rd, 2024
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