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No gas shortage?

The Colombian Natural Gas Association (Naturgas) highlighted a potential shortfall in the country’s natural gas supply for 2025 and 2026, based on data from the Natural Gas Market Manager. Ecopetrol (NYSE: EC) responded quickly to this allegation.

Wednesday, July 31st, 2024
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Urgent call for action on gas supply

Amid rising concerns over a potential gas shortage in Colombia, Camilo Sánchez, president of Andesco, issued a pressing call to take the necessary measures to secure the country’s energy supply.

Wednesday, July 31st, 2024
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Colombia’s oil B League plan

The National Hydrocarbons Agency (ANH), led by President Orlando Velandia Sepúlveda, announced the approval of the B League initiative, a strategic plan to reassign oil and gas exploration and production areas to smaller companies.

Wednesday, July 31st, 2024
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Declarations of Doom and Gloom

Declarations of Doom and Gloom

The gas market manager for Colombia, the Bolsa Mercantil, recently published its latest summary of producers “declarations” of production potential for the coming years. It is not a pretty sight but then, this graph rarely is.

Tuesday, July 30th, 2024
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Measures implemented for exploration

Minister of Mines and Energy (MinEnergia), Andrés Camacho, announced that the government is accelerating oil exploration efforts.

Tuesday, July 30th, 2024
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Ecopetrol board meets with USO

Ecopetrol (NYSE: EC) recently held its first-ever meeting with the USO Colombia union, a significant labor movement representing 25,000 workers in Colombia’s energy sector since 1923.

Tuesday, July 30th, 2024
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