Primax Colombia S.A. announced that an extraordinary shareholders’ meeting was held, where several significant resolutions were approved.
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.
GeoPark Limited (NYSE: GPRK) achieved a new milestone reducing its greenhouse gas (GHG).
Canacol Energy Ltd. (TSX: CNE) provided the following update regarding scheduled interest payment, termination of Fitch Ratings coverage, and exploration drilling program.
NG Energy International Corp. (TSXV: GASX) announced its annual audited consolidated financial statements, for the fiscal year ended March 31, 2024.
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.
Moody’s Investors Service downgraded the global credit rating of Colombia’s state-owned oil company, Ecopetrol (NYSE: EC).
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.
Héctor Manosalva, the president of Cenit, Ecopetrol Group’s hydrocarbon transportation subsidiary, will be stepping down from his role.
Frontera Energy ((TSE: FEC) announced that it has initiated a review of strategic alternatives for its independent and growing infrastructure business in Colombia.