Amid the fallout from the ruling that reaffirmed the nullification of the tax reform article prohibiting the deduction of royalties from income tax for mining and oil companies, the Constitutional Court has offered a final lifeline to the government.
The Colombian Chamber of Goods and Services (Campetrol) reported rig information for April 2024.
Canacol Energy Ltd. (TSX: CNE) provided the following update regarding scheduled interest payment, termination of Fitch Ratings coverage, and exploration drilling program.
Amidst the growing uncertainty in Colombia’s hydrocarbon sector due to recently reported low oil and gas reserves, new controversial measures are being considered to boost exploration and production.
Darío Restrepo, Director of the Misión de Descentralización at National Planning Department (DNP), discussed the role of the General Royalties System (SGR) in funding Colombia’s peace agreement.
NG Energy International Corp. (TSXV: GASX) announced its annual audited consolidated financial statements, for the fiscal year ended March 31, 2024.