The Organization for Economic Cooperation and Development (OECD) released a report analyzing the public debt of its member countries, revealing a 10% increase in overall debt costs for 2024.
NG Energy International Corp. (TSXV: GASX) shared updates on its operations and the progress of its transaction with Etablissements Maurel & Prom S.A. (M&P).
Ecopetrol’s (NYSE: EC) Board of Directors approved funding and development for the “Quality Baseline Line” project, an initiative aimed at ensuring fuel production meets the highest quality standards, ultimately reducing pollutant emissions.
In 2015, Colombia signed the Paris Agreement, committing to reduce the exploration, production, and consumption of fossil fuels such as coal, natural gas, and oil.
The Colombian National Environmental Licensing Agency (ANLA) initiated an environmental sanctioning process against Ecopetrol (NYSE: EC) and Frontera Energy (TSE: FEC).
It rained heavily in much of the country in 1Q25, filling up the reservoirs and lowering the demand for natural gas for thermoelectric generation. But non-thermal demand grew while domestic supply was flat meaning Colombia crept ever close to importing gas for domestic demand on regular basis.