BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 30.Jul.2026, Words: 146) — Parex Resources Inc. executed an agreement on 4 May 2026 with its strategic partner ECOPETROL S.A., whereby Parex will earn a 50% participating share in the Casabe and Llanito blocks in the Magdalena Basin of Colombia, upon spudding the first well on each block.
ANALYSIS: CHEVRON’S VENEZUELA PIVOT; DOUBLING DOWN ON HEAVY OIL, DEFERRING GAS
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Feb.2025) — Ecopetrol S.A. successfully completed the transaction with Repsol Colombia Oil & Gas Limited to purchase the remaining 45% of its participation in the CPO-09 Block. The total consideration was for $452mn, making Ecopetrol an 100% holder of the participation interest in the […]
(Colombia’s Ministry of Mines and Energy, 18.Dec.2018) — María Fernanda Suárez Londoño is a Business Administrator from the College of Superior Studies in Management (CESA) and has a Master’s Degree in Management of Public Policies from the University of Georgetown. She has over 20 years of experience within the public […]
(Reuters, 16.Dec.2021) – Latin America’s oil frontiers are back in the spotlight with auctions coming up in Brazil, Guyana and the Andean region that are expected to attract bids from major oil firms despite a global call to end fossil fuel development. Brazil is set to receive bids on Friday […]