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Massive oil theft in Catatumbo

Ecopetrol (NYSE: EC) revealed to the Constitutional Court that illegal groups are stealing up to 2,000bd in Catatumbo, Norte de Santander.

Wednesday, March 5th, 2025
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Trump strikes against Maduro

US President Donald Trump has taken one of the most decisive actions yet against Nicolás Maduro’s regime, revoking key oil licenses that had been granted under Joe Biden’s administration.

Wednesday, March 5th, 2025
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GeoPark’s reserves in 2024

GeoPark Limited reported its reserves in 2024 with positive results thanks to its fracking project in Argentina.

 

Wednesday, March 5th, 2025
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“Tourism generates more hard currency than coal”

“Tourism generates more hard currency than coal”

President Gustavo Petro recently spoke to the Colombian tourism association, ANATO, and he told them that tourism now brought more dollars to the country than coal exports.  Given the president’s predilection for exaggeration, we thought we should check his figures. He is probably right about the numbers but his explanation is off (we think).

Tuesday, March 4th, 2025
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Gas prices could triple

As soon as Colombia’s gas tariff crisis erupted, the Energy and Gas Regulatory Commission (CREG) issued Resolution 102 015, aimed at providing flexibility in contracts between producers and marketers starting in June 2025.

Tuesday, March 4th, 2025
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Roa on fracking

Ricardo Roa, CEO of Ecopetrol, recently confirmed that the company will proceed with the extension of its fracking contract with Occidental Petroleum (Oxy) in the Permian Basin.

Tuesday, March 4th, 2025
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