News and AnalysIs for

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.

Since Donald Trump became President of the United States on January 20^th, 2025 –really since he was elected in early November, 2024 – global stock markets have been on a magic carpet ride, from the highs of expectations of market-driven policies to the lows of fears of a tariff-war induced global depression. Share prices of oil and gas producers have ridden the same magic carpet, with Colombian companies pulled along by the same forces.

GeoPark Limited (NYSE: GPRK) announced the divestment of specific non-core assets and the implementation of cost-efficiency initiatives. These actions aim to reinforce the company’s strategy of delivering profitable, reliable, and sustainable long-term growth.

Ecopetrol (NYSE: EC) is evaluating a potential acquisition of SierraCol Energy Ltd., the country’s largest independent oil producer, currently owned by private equity firm Carlyle Group.

NG Energy International Corp. (TSXV: GASX) shared updates on its operations and the progress of its transaction with Etablissements Maurel & Prom S.A. (M&P).

The Colombian National Environmental Licensing Agency (ANLA) initiated an environmental sanctioning process against Ecopetrol (NYSE: EC) and Frontera Energy (TSE: FEC).

The 14th edition of Colombia Genera provided a valuable platform for industry representatives to emphasize the relevance of strengthening the mining and energy sector to boost the country’s competitiveness.