During a recent visit to Venezuela, Colombia’s Minister of Mines and Energy (MinEnergia), Edwin Palma, expressed the country’s keen interest in acquiring Monómeros, the petrochemical company based in Barranquilla but owned by Venezuela’s Pequiven.
Colombian authorities have seized assets belonging to French oil company Perenco Colombia Limited amid ongoing investigations into the firm’s alleged ties to paramilitary groups.
Parex Resources Inc. (TSX: PXT) released its preliminary production update for the second quarter of 2025, ahead of its full financial and operational results to be published on July 30, 2025.
Felipe Bayón, former CEO of Ecopetrol (NYSE: EC) and one of Colombia’s most respected energy leaders, has returned to the helm of the oil and gas sector, this time as CEO of GeoPark, an independent oil company with operations primarily in Colombia.
Colombia is facing a worrying decline in its exports to the U.S. and China, largely driven by sharp reductions in oil and coal sales.
A dispute between Colombia’s state oil company, Ecopetrol (NYSE: EC), and the National Tax and Customs Directorate (DIAN) escalated over the payment of a 19% Value Added Tax (VAT) on fuel imports made between 2022 and 2024.
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