Felipe Bayón, former CEO of Ecopetrol (NYSE: EC) and one of Colombia’s most respected energy leaders, has returned to the helm of the oil and gas sector, this time as CEO of GeoPark, an independent oil company with operations primarily in Colombia.
NG Energy International Corp. (TSXV: GASX) announced a strategic consolidation of its interests in the Sinu-9 natural gas block, located in Colombia, through the acquisition of a 28% working interest from its minority partners.
GeoPark (NYSE: GPRK) parks its flagship field while Ecopetrol (NYYSE: EC), Gran Tierra (TSX: GTE), and Parex Resources (TSX:PXT) remain active in one of Colombia’s most complex basins.
As Colombia faces growing concerns over its natural gas supply, the president of Grupo de Energía de Bogotá (GEB), Juan Ricardo Ortega, is calling for urgent reforms in pricing, regulation, and long-term contracting.
Luis Eduardo Parra Rodríguez is set to become the new president of Hocol, a key subsidiary of Colombia’s state-owned oil company, Ecopetrol (NYSE: EC).
Promigas, one of Colombia’s leading natural gas transportation companies, has announced a major investment of US$1.2B over the next four years in four key infrastructure projects aimed at eliminating transportation bottlenecks and ensuring stable gas supply across the country.
A growing number of Colombian businesses are being impacted by rising insecurity, according to the latest Joint Industrial Opinion Survey (EOIC) conducted by the National Business Association of Colombia (ANDI).
NG Energy International Corp. (TSXV: GASX) released an operational update highlighting key advancements at its Sinu-9 and Maria Conchita natural gas projects in Colombia.
In recent months, Colombian households noticed a sharp rise in natural gas bills, some as high as 51%. The surge was attributed to a shortage in the country’s natural gas reserves, which led companies to rely on imported supplies to meet domestic demand. This shift, according to energy firms, justified the increased costs passed on to consumers.
Gran Tierra Energy (TSX: GTE) announced that Peter Dey will step down from the company’s Board of Directors at the end of June 2025. According to the company’s official statement, Dey cited personal reasons for his resignation.