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Exploration

Colombia alone in silence

While Latin America’s oil and gas sector surges ahead, Colombia has chosen to sit quietly on the sidelines.

Wednesday, June 11th, 2025
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ECP moves forward with Caribbean drilling

ECP moves forward with Caribbean drilling

Ecopetrol (NYSE: EC) is pushing ahead with offshore gas exploration in the Caribbean, even after global energy giant Shell (LON: RDSB) withdrew from three key maritime blocks.

Wednesday, June 4th, 2025
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Urgent need for exploration

Despite holding considerable oil reserves, Latin America is approaching a critical threshold that demands immediate action to secure its energy future.

Wednesday, June 4th, 2025
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Oil discoveries plummet

Oil discoveries plummet

In 2024, Colombia experienced a sharp decline in oil and gas exploration, raising serious concerns about the country’s long-term energy security.

Thursday, May 22nd, 2025
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ECP delays Komodo drilling again

Ecopetrol (NYSE: EC) has once again postponed the drilling of its ultra-deepwater Komodo well in the Caribbean Sea, citing ongoing restrictions from the National Environmental Licensing Agency (ANLA) that continue to make the project unviable.

Tuesday, May 13th, 2025
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Sirius-2 gas breakthrough

Rodrigo Costa, General Manager of Petrobras Colombia, talked about the expectations about the Sirius-2 well.

Thursday, April 24th, 2025
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Gas licenses delayed

The president of the National Hydrocarbons Agency (ANH), Orlando Velandia, talked about the process to award environmental licenses for Block GUA-OFF-0, formerly known as the Tayrona block.

Wednesday, March 19th, 2025
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Tests to confirm Sirius-2 gas potential

Ecopetrol’s (NYSE: EC) President, Ricardo Roa Barragán, refuted claims that the Sirius (formerly Uchuva) wells, located in the Colombian Caribbean Sea and operated in partnership with Petrobras International Braspetro B.V. were unproductive.

Tuesday, March 18th, 2025
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Komodo-1 project at risk

During Colombia’s energy uncertainty, the ultra-deepwater Komodo-1 project emerged as a potential solution to expand the country’s oil and gas reserves. However, Ecopetrol (NYSE: EC) and Anadarko are increasingly pessimistic about the feasibility of exploration and production any time soon.

Wednesday, February 5th, 2025
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Gas project controversy

Gas project controversy

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.

Tuesday, January 21st, 2025
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