SLB (formerly Schlumberger), one of the world’s largest oilfield services companies, is revolutionizing hydrocarbon exploration in Colombia through artificial intelligence applications that dramatically improve drilling precision and operational efficiency.
Foreign Direct Investment (FDI) in Colombia has declined for two consecutive years, reflecting increased risk perception and deteriorating investment conditions. According to Banco de la República’s Balance of Payments data, accumulated FDI through the third quarter of 2025 reached US$6.969 billion, representing a 20% drop compared to US$8.671 billion in the same period of 2024.
Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) today announced that it has halted discussions with GeoPark Limited (“GeoPark”) (NYSE: GPRK) regarding the acquisition of GeoPark by Parex.
Citi Research analyzed Ecopetrol’s 2026 investment plan and operational outlook concluding that, while there are risks, the potential production upside justifies buying the shares.
The Unión Sindical Obrera (USO) called on November 28, 2025, for Colombia to develop experimental fracking pilot projects with “the highest oversight” to open possibilities for developing unconventional deposits as an effective short-term measure to increase oil and gas reserves.
Parex announced an update on the Llanos Foothills exploration project and other operational matters.