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Ecopetrol investors cannot be happy

Ecopetrol investors cannot be happy

Ricardo Roa had his first press conference as Ecopetrol president and investors punished the stock. His ultimate boss, Colombian President Gustavo Petro, would have been happy with Roa’s strict adherence to the government’s official energy policy but commentators questioned the strategy and the share price plummeted.

Monday, May 8th, 2023
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Frontera 1Q23 results

Frontera 1Q23 results

Frontera Energy (TSX: FEC) announced its financial and operating results for 1Q23.

Thursday, May 4th, 2023
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First gas-powered intercity bus

First gas-powered intercity bus

The passenger transport sector is increasingly venturing into new ways to move their clients in a more environmentally friendly manner.

Wednesday, May 3rd, 2023
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GPRK 2022 sustainability report

GeoPark (NYSE: GPRK) released its latest sustainability report titled “SPEED/ESG Report 2022.”

Wednesday, May 3rd, 2023
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Petrobras to keep stake in Tayrona block

Brazil’s state-controlled oil company Petrobras (NYSE:PBR) has abandoned a plan to sell its 44% stake in the promising offshore gas project it shares with Colombia’s Ecopetrol (NYSE: EC).

Tuesday, May 2nd, 2023
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ExxonMobil to sue Colombia?

ExxonMobil Exploration Colombia’s intention to terminate its contract in the Magdalena Medio region for unconventional exploration has caused quite a stir. In response, Minister of Mines and Energy (MinEnergia) Irene Vélez spoke out on the matter.

Wednesday, April 26th, 2023
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Attack on the Trasandino Pipeline

Cenit announced the activation of an Emergency and Contingency Plan (PEC) after the attack that occurred on Sunday on the infrastructure of the TransAndino Pipeline (OTA) in the village of Chimamgual, rural area of the municipality of Guachucal, Nariño.

Tuesday, April 25th, 2023
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Oil well explosion

Emergencies in the hydrocarbon sector do not stop.

Tuesday, April 25th, 2023
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Letting the days go by

Letting the days go by

We normally publish our statistical review of the previous year around mid-first-quarter. But some key figures were delayed so we decided to wait until the end of the quarter. Hoping you find these charts useful for presentations or strategic discussions. Subscribers can request the Excel versions to do their own graphic design.

Monday, April 24th, 2023
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Emerald suspends operations

Emerald suspends operations

Petroleum company, Emerald Energy, has requested the suspension of its operations in the Caquetá region for three months, following attacks by local farmers in March.

Thursday, April 20th, 2023
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