The Komodo-1 offshore exploration project, a joint initiative by Anadarko (OXY) and Ecopetrol (NYSE: EC), is facing significant hurdles following the issuance of its environmental license by Colombia’s Ministry of Environment and the National Environmental Licensing Authority (ANLA).
The energy transition has placed the oil and gas industry at the forefront of global discussions on reducing dependence on fossil fuels. Amid this shift, the future of existing oil infrastructure and business models is under scrutiny. Oleoducto de Colombia exemplifies how companies can navigate this complex landscape while balancing current operations and long-term sustainability goals.
Canacol Energy Ltd. (TSX: CNE) provided an update on its ongoing exploration and development drilling activities, highlighting key events in Colombia’s VIM-21 and SSJN-7 exploration blocks.
Frontera Energy Corporation (TSX: FEC) recently provided an operational update for 4Q24 and outlined its capital and production guidance for 2025.
From a Geopark press release, Ecopetrol has exercised its rights over Repsol’s portion of CPO-9, buying the interest that GPRK had hoped to acquire.
Parex Resources Inc., alongside its strategic partner Ecopetrol (NYSE: EC), disclosed new agreements and operational updates.
Hocol S.A., a subsidiary of the Ecopetrol Group, recently announced a strategic initiative to bolster Colombia’s natural gas supply by making 100% of its available gas from operations accessible to the market.
In a recent analysis, Citi expressed a cautious stance on Ecopetrol’s (NYSE: EC) projections for 2025.
TPL Gas, a subsidiary of TPL Energía, started delivering imported natural gas to Colombia’s domestic market, addressing concerns over potential gas shortages.
Canacol Energy Ltd. (TSX: CNE) provided an update on its exploration and development drilling programs. The company continues to make progress with multiple key wells.
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