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Parex bets on Colombia

Parex bets on Colombia

Despite global uncertainty in the energy market and local challenges surrounding taxation and environmental licensing, Canadian oil producer Parex Resources (TSX: PXT) remains firmly committed to Colombia, the only country where it operates.

Wednesday, November 12th, 2025
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CNE responds to arbitration ruling

Canacol Energy (TSX: CNE) issued an official statement following notification of a national arbitration ruling in its long-running contractual dispute with VP Ingenergía, concerning the termination of three gas supply agreements between the two companies.

Wednesday, November 12th, 2025
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NG Energy scales up

NG Energy scales up

Canadian explorer NG Energy International Corp. (TSXV: GASX) has announced major operational progress at its two flagship natural gas assets in Colombia, Maria Conchita and Sinú-9, marking what executives describe as a pivotal moment in the company’s growth trajectory.

Wednesday, November 12th, 2025
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Terpel charges ahead

With Colombia’s electric vehicle (EV) market accelerating faster than ever, energy company Terpel is shifting gears to meet the growing demand for charging infrastructure.

 

Wednesday, November 12th, 2025
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Colombia’s gas hope

Petrobras’ (NYSE: PBR) entrance into Colombia’s offshore energy landscape could mark a turning point for the country’s energy security. Together with Ecopetrol (NYSE: ECP), the Brazilian company is leading the Sirius gas project, a deepwater discovery that could restore Colombia’s self-sufficiency in natural gas for at least a decade.

Monday, November 10th, 2025
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Powering a sustainable transition

Colombia’s energy transition has become a defining challenge for the oil and gas industry, demanding a delicate balance between maintaining energy supply and reducing carbon emissions. Notably, nearly 70% of Hitachi Energy’s industrial revenue in Colombia comes from projects developed with oil and gas companies.

Monday, November 10th, 2025
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Ocensa tender suspended

What was expected to be one of the largest private contracts of the year for Ocensa, a key subsidiary of Grupo Ecopetrol, came to a dramatic halt on October 28, just five minutes before the bidding deadline.

Thursday, November 6th, 2025
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Cenit plans broader role

Cenit plans broader role

Colombia’s midstream operator Cenit, a subsidiary of Ecopetrol (NNYSE: EC), is preparing to take on a larger role in the country’s energy transition and supply strategy,  from importing natural gas, fuels, and crude oil at its Coveñas terminal to repurposing Tumaco’s maritime infrastructure after the suspension of the Transandino pipeline.

Wednesday, November 5th, 2025
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Joint marketing plan for Sirius project

In a move that could reshape Colombia’s energy future, Ecopetrol (NYSE: ECP) and Petrobras (NYSE: PBR) have announced a joint marketing agreement for the early commercialization of gas from Sirius, one of the country’s most promising offshore discoveries in the Caribbean.

Wednesday, November 5th, 2025
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Parex 3Q25 results

Parex 3Q25 results

Parex (TSX: PXT) announced its financial and operating results for the third quarter 2025. Here are the details.

Tuesday, November 4th, 2025
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