Frontera Energy Corporation (NYSE: FEC) announced a strategic partnership with Gasco Soluciones Logísticas y Energéticas to develop a new liquefied petroleum gas (LPG) project at Puerto Bahia’s port terminal in Cartagena, Colombia.
In the first half of 2024, fuel sales at service stations in Colombia experienced a notable decline.
The Colombian government has set an ambitious goal of reaching a daily oil production of one million barrels, urging oil companies to ramp up activities in exploration areas that have been underutilized.
Ricardo Roa Barragán, CEO of Ecopetrol (NYSE: EC), recently discussed the company’s strategy to address the looming natural gas deficit projected for 2025 and 2026.
The Colombian Natural Gas Association (Naturgas) raised concerns regarding the recent objection to a legislative bill aimed at ensuring access to essential public gas services.
Colombia wants to become the first oil-producing country to stop its oil exports and fossil fuel projects.
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