According to Colombia’s Superintendente de Sociedades Billy Escobar, Canacol Energy’s cross-border reorganization process is advancing with a proposed US$67M financing package that could enable the Canadian gas producer to exit insolvency by late 2026. Publishing this because we get questions and some of you may not have seen this interview, but we cannot vouch for the information because this does not come from company press releases. Caveat Lector.
Colombia’s Environment and Sustainable Development Ministry has opened a public consultation to define the roadmap for implementing the Escazú Agreement, aiming to strengthen environmental democracy and guarantee rights to information, public participation, and environmental justice.
Ecuador’s decision to raise crude transport tariffs through its Trans-Ecuadorian Pipeline System (SOTE) from US$3 to US$30 per barrel—a 900% increase—has forced Colombian oil companies to evaluate costly alternatives for evacuating production from southern Putumayo department.
Guyana’s petroleum boom transformed the South American nation of 800,000 inhabitants into the world’s largest per capita oil producer and Latin America’s fastest-growing economy.
Ecopetrol and the José Benito Vives De Andréis Marine and Coastal Research Institute (Invemar) signed a renewed collaboration agreement to advance knowledge generation and conservation of Caribbean seabed ecosystems, building on their existing framework partnership.
Colombia’s Superintendency of Corporations (Supersociedades) chief Billy Escobar revealed that state-owned enterprises Industria Militar (Indumil) or Ecopetrol could acquire struggling fertilizer manufacturer Monómeros if U.S. sanctions are lifted.
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