GeoPark Limited (NYSE: GPRK) announced the divestment of specific non-core assets and the implementation of cost-efficiency initiatives. These actions aim to reinforce the company’s strategy of delivering profitable, reliable, and sustainable long-term growth.
Ecopetrol (NYSE: EC) and LATAM Airlines Colombia announced a groundbreaking strategic alliance to advance the energy transition in Colombia’s aviation sector.
The Comptroller General called for urgent reforms in the targeting and management of energy and gas subsidies.
Ecopetrol (NYSE: EC) warned that blockades by Indigenous communities at the Rubiales and Caño Sur fields in the Meta department have disrupted crude oil production by approximately 80,000bd.
A potential deal to import hydrocarbons from Venezuela sparked alarm in Colombia’s Congress, where lawmakers and trade officials warned it could lead to dire economic consequences, including the loss of thousands of jobs and billions in exports.
Ecopetrol Óleo e Gás do Brasil Ltda. (ECP Brasil), a subsidiary of the Ecopetrol Group, approved the Final Investment Decision (FID) for Gato do Mato, its first development project in the pre-salt area of the Santos Basin, Brazil.