The Colombian Ministry of Finance (MinHacienda) issued a decree adding resources to the General System of Royalties (SGR) budget.
Venezuela’s oil production, which grew by 17.6% last year, faces a serious risk of decline if the new US administration under Donald Trump tightens sanctions on Caracas.
Ecopetrol (NYSE: EC) is experiencing a wave of layoffs affecting highly skilled professionals, particularly experts in offshore gas exploration.
Gran Tierra Energy Inc. (TSX: GTE) announced its highest-ever year-end reserves for 2024, marking its sixth consecutive year of 1P reserves growth.
The Colombian government has announced new tax measures following the declaration of a state of internal disturbance.
Ecopetrol (NYSE: EC), Trafigura Petroleum Colombia, and Refinería de Cartagena (Reficar) are Colombia’s top energy exporters to the US.