We assume investors view royalties as a cost-of-doing business without regard to value judgements like positive or negative or, as the title suggests, kind or unkind. In fact, our heading for this quarter’s review of company financial results is a play on words. For a number of fields, the ANH changed the way royalties are collected (in kind versus in cash) and this changes results presentations for many companies.
The provisional passage of vehicles on the Cusiana road, Los Grillos sector, between Sogamoso (Boyacá) and Aguazul (Casanare), will be enabled in the third week of December, announced the director of the National Institute of Roads (Invías), Mercedes Elena Gómez Villamarín.
Ecopetrol’s (NYSE: EC) Board of Directors has greenlit its 2024 Investment Plan.
Alvaro Ríos, Director Partner at Gas Energy Latin America, emphasized the relevance of Colombia not dismissing natural gas imports from Venezuela, although he recommends that PDVSA should not handle the gas pipeline operations.
Credit investor service Moody’s has announced a downgrade in Canacol Energy’s rating.
NG Energy International Corp. (TSXV: GASX) has taken significant strides in enhancing its operational capabilities by finalizing pivotal agreements aimed at establishing connectivity for the Sinu-9 gas field.
In a recent announcement, Fitch confirmed the Gases del Caribe rating.
Brazil’s oil giant Petrobras is eyeing a strategic alliance with Colombia to potentially transform the country into a gas exporter.
The surprise visit of Gustavo Petro, President of Colombia, to Venezuela sparked a wave of discussion and reflection within Ecopetrol’s Board of Directors regarding the president’s plans announced through media channels.
The collaborative efforts of the Ministry of Agriculture and Rural Development (MinAgricultura) and Ecopetrol (NYSE: EC) have been instrumental in fostering over 400 rural projects across 33 municipalities in 11 departments through the ‘El Campo Emprende’ program.
2025, Hydrocarbons Colombia, All Rights Reserved.
