Canacol Energy (TSX: CNE) announced that it had formally begun a court-supervised restructuring process in Canada as financial pressures intensify.
Frontera Energy Corporation (TSE: FEC) announced a plan to spin-off (the “Proposed Transaction” or the “Spin-Off”) of its Colombian Infrastructure business, creating two independent companies: Frontera Exploration & Production (E&P) and Frontera Infrastructure.
As Colombia enters a decisive week for its energy sector, industry leaders are sounding the alarm: the choices made today will determine the nation’s energy stability for decades.
A new proposal from the Colombian government could dramatically reshape the country’s vehicle market.
Credit rating agency Moody’s Ratings has downgraded Canacol Energy’s (TSX: CNE) corporate family rating (CFR) from Caa1 to Ca and its senior unsecured global bonds from Caa1 to Ca, while maintaining a negative outlook.
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.
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.
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.
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.
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.