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GTE 2023 guidance

GTE 2023 guidance

Gran Tierra Energy Inc. (TSX: GTE) announced its 2023 capital budget and production guidance.

Tuesday, December 13th, 2022
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Cenit to invest in new pipelines

Cenit’s Héctor Manosalva talked about the company’s plans to invest in new gas pipelines.

Tuesday, December 13th, 2022
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CNE operational update

Canacol Energy Ltd. (TSX: CNE) provided the following information on its November 2022 natural gas sales, along with the exploration drilling plans for the remainder of 2022.

Monday, December 12th, 2022
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Why do companies invest in Colombia anyway?

This is the last long essay before the holidays and usually I do a “Year in Review”. But we just did a “Petro 100 days” a few weeks ago and we wrapped up the Duque presidency from an oil and gas perspective in July. There frankly is not much new to say looking backwards, so I decided to look forwards somewhat. I attended the Parex Capital Markets Day last week and it got me thinking about why companies invest here.

Monday, December 12th, 2022
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Parex announces 2023 Guidance

Parex Resources Inc. (TSX: PXT) announced a complete business update, alongside its 2023 budget and guidance.

Thursday, December 8th, 2022
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Thermo generators and sustainability

Thermoelectric plants affiliated to the National Association of Generating Companies (Andeg) are making progress in sustainability issues.

Thursday, December 8th, 2022
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Clean Energy discovers gas

Clean Energy announced gas discoveries in the Sinú-9 block, after eight years of operating in the area.

Tuesday, December 6th, 2022
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More families connected to natural gas

Promigas, Surtigas and Hocol signed an agreement to bring natural gas service to more families in Barranquilla.

Tuesday, December 6th, 2022
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Chevron to send oil from Venezuela to US

Chevron Corp. (NYSE: CVX) received an extended license allowing it to resume oil production in Venezuela and import crude oil.

Monday, December 5th, 2022
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Lower prices but margins hold

Lower prices but margins hold

Oil prices fell in 3Q22 (you knew that) and so, as a consequence did netback. The good news is that margins have held largely constant this year, even up very slightly on average in the past quarter. As always we repeat the “EPA caveat” that individual company results may vary from this cross-industry comparison.

Monday, December 5th, 2022
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