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Brazil’s oil giant Petrobras is eyeing a strategic alliance with Colombia to potentially transform the country into a gas exporter.

Amid Ecopetrol’s (NYSE: EC) strategy to develop the gas potential of the offshore Caribbean, the company announced its offshore plans for 2024.

Ecopetrol (NYSE: EC) initiated operations for the drilling of the Orca Norte 1 exploratory well, marking a strategic move to prioritize gas projects within the company’s portfolio.

GeoPark, along with Hocol, confirmed a new exploratory success in the Llanos-123 block.

A hydrocarbon project in the Amazon rainforest has sparked heated debate, with environmental and human rights organizations voicing concerns.

The Colombian government’s reluctance to award new oil contracts stems from the belief that previously awarded contracts are sufficient to sustain hydrocarbon exploration and production in the country.

Ecopetrol (NYSE: EC) announced its plans about the Orca Norte-1 exploratory well.

Ecopetrol (NYSE: EC) has reported a significant hydrocarbon discovery in the exploratory well Alqamari-2, situated in the municipality of Orito, Putumayo department.

The Colombian Chamber of Oil, Gas, and Energy Goods and Services (Campetrol) announced the first offshore drilling of this year.

Finance Minister Ricardo Bonilla is not worried about the latest report from the National Hydrocarbons Agency (ANH) and said that the government will receive a new study from this entity to determine what decisions to take in six months.