The National Authority of Environmental Licenses (ANLA) has granted an environmental license for the exploratory offshore oil drilling project in the Col-1 Block, located in Colombia’s Caribbean.
Parex Resources Inc., alongside its strategic partner Ecopetrol (NYSE: EC), disclosed new agreements and operational updates.
Colombian industrial leader Bruce Mac Master, President of the National Business Association of Colombia (ANDI), voiced strong criticism of the government’s handling of the natural gas supply crisis.
Hocol S.A., a subsidiary of the Ecopetrol Group, recently announced a strategic initiative to bolster Colombia’s natural gas supply by making 100% of its available gas from operations accessible to the market.
In a recent analysis, Citi expressed a cautious stance on Ecopetrol’s (NYSE: EC) projections for 2025.
In the face of a potential natural gas deficit projected for 2025, Colombia’s state-owned oil company, Ecopetrol (NYSE: EC), announced the availability of additional natural gas for the short term.