Colombian President Gustavo Petro reignited debate over the impact of fuel subsidies on public finances, declaring that the nation’s fiscal deficit will ultimately be paid either through higher taxes or more expensive gasoline.
Ecopetrol (NYSE: EC) is preparing new asset sales for the remainder of 2025, as confirmed during the company’s second-quarter financial results presentation.
The government of President Gustavo Petro may be running out of room to finance itself through Treasury Securities (TES), according to a recent report by Banco Itaú.
Canadian oil producer Parex Resources (TSX: PXT) reaffirmed its corporate guidance for 2025.
The Mexican government has unveiled a strategic financing plan to support state-owned oil giant Petróleos Mexicanos (Pemex) in tackling its massive financial debt, which stands at US$98.8B.
NG Energy International Corp. (TSXV: GASX) announced the spudding of the Aruchara-4 well at its Maria Conchita block and reported that gross production from the Sinu-9 block reached 22mmcfd. The company also provided a detailed operational update for both assets.
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