NG Energy International Corp. (TSXV: GASX) announced a major boost in its 2024 year-end reserves and resources, following evaluations by independent firm Sproule International Limited. The updated figures reflect strong growth at both the Maria Conchita and Sinu-9 blocks, signaling the company’s transition into a new production phase.
GeoPark Limited (NYSE: GPRK) announced the appointment of Felipe Bayon as its new Chief Executive Officer (CEO).
Although next week we should start seeing 1Q25 results, we are just getting around to our summary of 2024 Average Realized Oil Prices, Netbacks and other operating key indicators for the Colombian industry. Brent was down slightly (3%) last year so what could we hope for in netback?
British energy giant Shell (LON: RDSB) is divesting its participation in several Colombian oil and gas blocks, effectively marking its exit from the country’s hydrocarbon exploration and production sector.
Rodrigo Costa, General Manager of Petrobras Colombia, talked about the expectations about the Sirius-2 well.
Colombia’s Superintendence of Public Services (SuperServicios) is collecting evidence to potentially sanction natural gas distributor Vanti over recent tariff hikes.
GeoPark Limited (NYSE: GPRK), a leading independent energy company with more than two decades of successful operations across Latin America, published its 2024 SPEED/Sustainability Report, reaffirming its commitment to responsible energy production and long-term value creation.
Two U.S. based companies, Amec Foster Wheeler USA Corporation and Process Consultants, Inc., reopened a US$2.4B arbitration claim against the Republic of Colombia before the International Centre for Settlement of Investment Disputes (ICSID), the World Bank’s international arbitration court. The dispute stems from the controversial modernization project of the Cartagena Refinery (Reficar).
Arrow Exploration Corp. (TSXV: AXL) released an operational update focused on its activities in the Tapir Block, located in the Llanos Basin.
S&P Global Ratings has downgraded the credit rating of Canacol Energy Ltd. (TSX: CNE), one of Colombia’s leading natural gas producers.
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