While individual company results may differ, Colombia-focused stocks as a group and Ecopetrol in particular have suffered since the arrival of Gustavo Petro as president.
Arrow Exploration Corp provided an update on its operational activities at the Alberta Llanos field in the Tapir block, located in Colombia’s Llanos Basin.
In 2024, Petrobras (NYSE: PBR) and Ecopetrol (NYSE: EC) confirmed the discovery of the Sirius natural gas deposit in Colombia’s Caribbean, marking the largest find in the last three decades and potentially doubling the country’s gas reserves.
GeoPark Limited (NYSE: GPRK) announced a key development regarding its proposed acquisition of Repsol’s exploration and production assets in Colombia.
NG Energy International Corp. (TSXV: GASX) announced a key decision on its Sinu-9 block.
Brookfield, the Canadian multinational managing Isagen, accused the Colombian government of violating international treaties.
Parex Resources Inc. (TSX: PXT) published its 2025 guidance, announced that its syndicated credit facility has been increased, as well as providing its 4Q24 average production.
The Komodo-1 offshore exploration project, a joint initiative by Anadarko (OXY) and Ecopetrol (NYSE: EC), is facing significant hurdles following the issuance of its environmental license by Colombia’s Ministry of Environment and the National Environmental Licensing Authority (ANLA).
The energy transition has placed the oil and gas industry at the forefront of global discussions on reducing dependence on fossil fuels. Amid this shift, the future of existing oil infrastructure and business models is under scrutiny. Oleoducto de Colombia exemplifies how companies can navigate this complex landscape while balancing current operations and long-term sustainability goals.
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