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Royalties should fund energy transition: DNP Director

Alexander López Maya, Director of the National Planning Department (DNP), called on all sectors of Colombian society—social, economic, and political—to allocate resources from the General Royalties System (SGR) towards implementing a new energy matrix model and environmental protection.

Wednesday, August 7th, 2024
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Fitch affirms ECP’s national ratings

Fitch Ratings affirmed the long-term and short-term national ratings of Ecopetrol S.A. (Ecopetrol) at ‘AAA (col)’ with a Stable Outlook and ‘F1+(col)’, respectively.

Wednesday, August 7th, 2024
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World’s deepest offshore well

The oil industry is pushing the boundaries of offshore exploration with plans to drill a record-breaking well in Colombia’s deep waters within the next few months.

Wednesday, August 7th, 2024
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Parex 2Q24 results

Parex 2Q24 results

Parex (TSX: PXT) announced its financial and operating results for the second quarter 2024. Here are the details.

Wednesday, August 7th, 2024
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Hydrocarbon investment vital

For the tenth consecutive year, the Colombian Petroleum and Gas Association (ACP) has released its economic report, “Trends and Perspectives of the Oil and Gas Sector in Colombia.”

Wednesday, August 7th, 2024
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Petro calls for an end to oil and gas

Inaugurating the Colombian Institute of Petroleum and Transition Energies (Icpet), President Gustavo Petro emphasized the urgent need to move away from coal and oil due to their greenhouse gas emissions.

Wednesday, August 7th, 2024
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