Brazil’s Petrobras (NYSE: PBR) announced a new date for companies to express interest in the purchase of its Colombian assets.
Our readers do not have to be told 2020 (so far) has been a bad year for oil prices. They probably realize that this cannot be a good thing for profitability. What may not be so intuitive is that prices have fallen so far that Colombian gas has (again) become more profitable than Colombian oil.
Gran Tierra Energy Inc. (TSX: GTE) announced its financial and operating results for the second quarter of 2020.
Geopark Limited (NYSE: GPRK) announced its financial results for the three-month period ended June 30, 2020.
Francisco Lloreda, President of the Colombian Petroleum Association (ACP), spoke about the current crisis and its effects on oil companies.
Frontera Energy (TSX: FEC) announced its financial and operating results for 2Q20.
Parex (TSX: PXT) announced its financial and operating results for the second quarter 2020.
Canacol Energy’s (TSX: CNE) Charle Gamba spoke about the cost that imported natural gas represents for the country.
A new regulation announced by the Ministry of Mines and Energy (MinEnergia) will give the green light for companies to develop offshore projects in the Colombian Caribbean by 2022.
Brazil’s Petrobras (NYSE: PBR) announced it will sell its stake in an exploratory block in Colombia, located off the department of La Guajira.