Our index of the share prices of Colombia-focused, publicly traded companies still lies well below where it was on May 1st, 2022 when the prospect of a Gustavo Petro presidency seemed distant. But there has been some improvement in the last quarter or so.
In a groundbreaking effort to promote sustainability, companies like Alquería are leading the way with biogas projects in Colombia.
Frontera Energy Corporation (NYSE: FEC) announced a strategic partnership with Gasco Soluciones Logísticas y Energéticas to develop a new liquefied petroleum gas (LPG) project at Puerto Bahia’s port terminal in Cartagena, Colombia.
In a collaborative effort between the Arauca Risk Management Unit and Parex (TSX: PXT), yellow machinery equipment was delivered to the municipalities of Fortul, Tame, Arauquita, Saravena, and Arauca.
DFAC DONGFENG announced the launch of an innovative range of eco-friendly vehicles powered by natural gas, offering buyers economic incentives.
Ocensa (Oleoducto Central S.A.), a subsidiary of the Ecopetrol Group, announced the appointment a new President.
As Colombia advances towards energy transition, importing gas from Venezuela has been one of the measures suggested. Juan Manuel Rojas, president of Promigas, highlighted the significance of this fuel in achieving a successful shift towards clean energy.
In a strategic move to underscore the significance of coal to Colombia’s economy and its role in the upcoming energy transition, key industry groups Andeg, Fenalcarbón, and Aciem have formed a powerful alliance.
Fitch Ratings has affirmed Primax Colombia’s long-term and short-term national ratings at ‘AA+(col)’ and ‘F1+(col)’, respectively, maintaining a stable outlook.
Parex Resources suspended its exploration activities for a new oil well in the ‘Loma de Caballo’ area within the municipality of Tenerife.
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