Amid growing concerns over Colombia’s looming gas shortage, the Petro administration appears to be opening the door, albeit quietly, for Drummond Energy to produce gas from coal bed methane (CBM), a resource found in unconventional reservoirs.
Gran Tierra Energy Inc. announced the acquisition of key assets in Ecuador’s Oriente Basin, marking a strategic expansion of its operations in the country.
Despite Colombia’s growing energy crisis, the country continues to face major delays in bringing new oil and gas discoveries into production.
A recent decree issued by the Colombian government under President Gustavo Petro is putting the future of “works for taxes” projects at serious risk for 2026.
In response to Colombia’s increasingly strained natural gas supply, Ecopetrol (NYSE: EC) is urging other market participants to bring more gas to market.
On Monday, August 4, the mining sector in Boyacá officially began an indefinite strike, following failed negotiations with the Colombian national government.
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