Six new prior consultations have emerged as the main threat to Petrobras’ (NYSE: PBR) ambitious plan to begin natural gas production from the offshore Sirius field before 2030. The company warns that regulatory uncertainty could delay Colombia’s return to energy self-sufficiency.
GeoPark Limited (NYSE: GPRK) has taken a major step into Argentina’s world-class Vaca Muerta formation with the purchase of two key blocks from Pluspetrol for US$115M.
Ecopetrol (NYSE: EC) successfully completed a pilot project to produce industrial bicarbonate using captured carbon dioxide (CO₂), marking a new milestone in its strategy to reduce greenhouse gas emissions and support Colombia’s energy transition.
Earlier this month the Colombian-Canadian Chamber of Commerce held its annual Dialogo Canada day, an event that discusses Colombian policy topics of interest to the major Canadian investment groups in the country. The session on hydrocarbons featured a discussion between Orlando Velandia, president of the industry regulator, the ANH, and two industry representatives, Gran Tierra’s Country Manager, Diego Perez-Claramunt and Parex’s Government Affairs VP, Rafael Pinto.
Colombia’s oil production slipped again in August 2025, underscoring the dual pressures of social unrest and aging fields on the country’s most important export sector.
Colombia’s Senate is set to debate a new proposal, Bill 247 of 2025, that would overhaul the rules for importing and marketing natural gas.
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