(Ecopetrol, 13.Nov.2019) — Ecopetrol S.A. completed the joint venture transaction announced on 31 Jul. 2019. Through this deal, the company and Occidental Petroleum Corp agreed […]
Category: Colombia
Colombia energy
Frontera Announces Quarterly Dividend
(Frontera, 7.Nov.2019) — Frontera Energy Corporation announces that its Board of Directors has declared a dividend of C$0.205 per common share, which will be paid […]
Ecopetrol Updates On Invercolsa Shares
(Ecopetrol, 6.Nov.2019) — Ecopetrol S.A. reports that, as mentioned in certain media and in searches on the Judiciary website, the Colombian Supreme Court of Justice […]
Don’t Count On Oil To Reignite Latin America
(Project Syndicate, Mauricio Cárdenas, 5.Nov.2019) — Some regard Latin America as the world’s new oil frontier, and think that the region could potentially add three […]
Ecopetrol To Ratchet Up Oil Output By 4% In 2020
(S&P Global Platts, 30.Oct.2019) — Colombia’s state-controlled Ecopetrol is targeting 2020 production of 740,000-760,000 barrels of crude and equivalents per day, up to 4% more […]
Ecopetrol’s 3Q:19 Results
(Ecopetrol, 29.Oct.2019) — Ecopetrol S.A. announced the Ecopetrol Group’s financial results for the third quarter and the first nine months of 2019, prepared in accordance […]
The Atlantic Is Key To Colombia’s Energy Needs
(FT.com, Gideon Long, 28.Oct.2019) — Colombia’s proven oil reserves will run out within the next seven years and its gas reserves within 10. Faced with […]
Petromil Offers Low Sulphur Fuel In Colombia
(Argus, 23.Oct.2019) — Colombian oil supplier Petromil is offering low API gravity, high viscosity 0.5pc sulphur maximum fuel oil for bunkering in Colombia. Petromil’s low-sulphur […]
Ecopetrol Buys Into Gato do Mato Discovery
(Ecopetrol, 21.Oct.2019) — Ecopetrol S.A. reports that its subsidiary Ecopetrol Ă“leo e Gás do Brasil Ltda has entered into an agreement with Shell Brasil PetrĂłleo […]
Frontera’s 3Q:19 Results Date
(Frontera, 20.Oct.2019) — Frontera Energy Corporation will release its third quarter 2019 results after market on Thursday, November 7, 2019 followed by a conference call […]
Frontera’s Renewal Of Normal Course Issuer Bid
(Frontera, 16.Oct.2019) — Frontera Energy Corporation accepted its notice to renew its normal course issuer bid (the NCIB) for its common shares. Pursuant to the […]
Frontera’s 3Q:19 Update
(Frontera, 10.Oct.2019) — Frontera Energy Corporation announces a third quarter 2019 operational update and notice of financial results and conference call. All values in this […]
Red Tape Frozes $700mn In Colombia Oil Investment
(Reuters, 9.Oct.2019) — Some $700 million in investment spending by oil companies operating in Colombia is frozen because of contract delays caused by community protests […]
Colombia To Award LT Power Purchase Agreements
(Shearman & Sterling, 2.Oct.2019) — The Colombian Government is expected to award long-term renewable power purchase agreements (PPAs) by October 22, 2019. The Mining and […]
Colombia Eyes Oil Round
(Reuters, Julia Symmes Cobb and Luis Jaime Acosta, 26.Sep.2019) — Colombia hopes to sign 20 contracts for oil exploration and production rights in its coming […]
Low Coal Prices To Impact Colombia’s Wallet
(Reuters, Julia Symmes Cobb, Nelson Bocanegra, 26.Sep.2019) — Colombia, the world’s fourth-largest exporter of coal, faces a potential spending crunch in 2020 as royalties from […]
Colombia Fracking Pilots Could Start In Late 2020: Ecopetrol CEO
(Reuters, Jessica Resnick-Ault, 25.Sep.2019) — Colombia’s state-run oil company Ecopetrol will be ready to start fracking pilot projects in the second half of 2020, chief […]
Four Colombia fracking Projects Could Attract $5bn In Yearly Investments
(Reuters, 24.Sep.2019) — Four fracking pilot projects in Colombia could bring in $5 billion annually in investment once they are in the production phase, industry […]
GeoPark Finds Oil In Colombia’s Llanos 34 Block
(GeoPark, 23.Sep.2019) — GeoPark Limited announced the discovery of the new Guaco oil field in the Llanos 34 block (GeoPark operated, 45% WI) in Colombia. […]
Colombia Court Maintains Fracking Moratorium
(Reuters, 10.Sep.2019) — Colombia’s top administrative court maintained a temporary moratorium on the use of fracking on Tuesday, stymieing potential pilot projects amid ongoing arguments […]
Colombia Renewable Capacity To Reach 5.9GW
(GlobalData, 5.Sep.2019) — Installed capacity of renewable power in Colombia is expected to rise from 2% in 2018 to 14% in 2025, with a further […]
Colombian Rebel Leader Issues New Call To Arms
(Reuters, Luis Jaime Acosta and Julia Symmes Cobb, 29.Aug.2019) — A group of former rebels from the Revolutionary Armed Forces of Colombia (FARC) said in […]
Colombia Pipeline Ready To Transport More Crude
(Reuters, 21.Aug.201 9) — Pipeline company Oleoducto de Colombia is ready to move increased crude output from the center of Colombia to the Caribbean if […]
ONGC Videsh To Exit Colombian Blocks
(Cogencis, Sukalp Sharma, 20.Aug.2019) — ONGC Videsh Ltd plans to relinquish three exploratory blocks–RC-9, RC-10, and GUA OFF-2–in Colombia in the current financial year ending […]
Colombia’s Transandino Pipeline Damaged
(Reuters, 17.Aug.2019) — A bomb and two illegal valves have damaged sections of Colombia’s Transandino pipeline, state-run oil company Ecopetrol said on Saturday. The two […]
Ecopetrol Group Announces Second Quarter 2019 Results
(Ecopetrol 12.Aug.2019) — Ecopetrol S.A. announced the Ecopetrol Group’s financial results for the second quarter of 2019, prepared in accordance with International Financial Reporting Standards […]
Frontera Energy Announces Strong 2Q:19 Results
(Frontera, 1.Aug.2019) — Frontera Energy Corporation announces release of its Interim Condensed Consolidated Financial Statements for the second quarter of 2019, together with its Management, […]
Frontera Announces 2Q:19 Conference Call Details
(Frontera, 1.Aug.2019) — Frontera Energy Corporation announces a conference call for investors and analysts will be held on Friday, August 2, 2019 at 8:00 a.m. […]
Frontera Announces Regular And Special Dividends
(Frontera, 1.Aug.2019) — Frontera Energy Corporation announces that its board of directors has declared a regular dividend of C$0.205 per common share and a special […]
Ecopetrol Call To Discuss Oxy Midland Basin Deal
(Ecopetrol, 31.Jul.2019) — Ecopetrol S.A. announces that on August 1st, Ecopetrol’s senior management will host two conference calls to review the joint venture with Occidental […]
Ecopetrol and Occidental Form Strategic Midland JV
(Ecopetrol, 31.Jul.2019) — Ecopetrol S.A. announced formation of a joint venture with Occidental Petroleum Corporation to develop 97,000 net acres of Occidental’s Midland Basin properties […]
Moody’s Confirms Ecopetrol Investment Grade Rating
(Ecopetrol, 30.Jul.2019) — Ecopetrol S.A. announces that the rating agency Moody’s has kept the Company’s long-term international rating at Baa3, with stable outlook. In its […]
Amerisur Reports Completion Of Sol-1 Well
(Amerisur, 29.Jul.2019) — Amerisur Resources Plc announced completion of testing operations at the Sol-1 exploration well in Colombia. CPO-5 (WI 30%): Sol-1 Exploration Well Update […]
Bombing Halts Pumping On Transandino Pipeline
(Reuters, 26.Jul.2019) — Colombia’s state-run oil company Ecopetrol said on Friday it halted pumping on the Transandino pipeline after a bombing in southwestern Narino province. […]
Weatherford Awarded Contract With Colombia, South America Operator
(Weatherford, 24.Jul.2019) — Weatherford International plc announced a contract win with a Colombia, South America operator to migrate seven LOWIS® sites (3,000 wells) to the […]
Brazil Approves Transfer Of Saturno Stake To Ecopetrol
(Ecopetrol, 18.Jul.2019) — Ecopetrol S.A. said the Ministry of Mines and Energy of Brazil has authorized the transfer of a 10% stake in the Saturno […]
Frontera Expands Colombian Exploration Acreage
(Frontera, 16.Jul.2019) — Frontera Energy Corporation announces the award of the VIM-22 block in addition to LLA-99 block which was previously announced on June 27, […]
Frontera To Host 2Q:19 Conference Call
(Frontera, 16.Jul.2019) — Frontera Energy Corporation plans to announce its second quarter 2019 results will be released after market on Thursday, August 1, 2019 followed […]
Canacol Says Ocarina 1 And Nelson 7 Test At 59 MMcf/d
(Canacol, 15.Jul.2019) — Canacol Energy Ltd. announced results of the Ocarina 1 exploration well located on its 100% operated VIM 5 block, and the flow […]
Colombia: Judge Issues Order For U.S. Oil Executive
(OCCRP, 15.Jul.2019) — A Colombian judge requested on Friday the extradition of an American oil executive who is a suspect in one of the biggest […]
Colombia Reschedules Aborted Tender
(Windpower Monthly, David Wes, 12.Jul.2019) — Developers with renewable energy projects of over 5MW that can be online by 1 January 2022 are invited to […]
EPM Announces Expiration Of Tender Offer
(EPM, 11.Jul.2019) — Empresas PĂşblicas de MedellĂn E.S.P. (EPM) announced expiration and results of its previously announced offer to purchase for cash any and all […]
Ecopetrol Finds Oil At Boranda-2 ST Well
(Ecopetrol, 11.Jul.2019) — Ecopetrol S.A. reports that the Boranda-2 ST well, located in Rionegro (Santander), has discovered the presence of crude in the Eoceno basal […]
ANH Signs PPAA Deals Worth $158mn With Geopark, Hocol
(ANH, 11.Jul.2019) — After more than five years without offers or rounds of new blocks for Exploration and Production of hydrocarbons in Colombia, the new […]
Frontera Announces 2Q:19 Peru And Colombia Update
(Frontera, 3.Jul.2019) — Frontera Energy announces a second quarter 2019 operational update. All values in this news release and the Company’s financial disclosures are in […]
EPM Commences Tender Offer 8.375% Notes Due 2021
(EPM, 2.Jul.2019) — Empresas PĂşblicas de MedellĂn E.S.P. (EPM) its offer to purchase for cash any and all of its outstanding 8.375% Notes due 2021 […]
Colombia’s Iván Duque On Climate Change, Venezuela
(NBC, Claire Atkinson, 27.Jun.2019) — Advertising can help combat climate change, says Colombia’s president, Iván Duque, who recently spoke at the Cannes Lions International Festival […]
GeoPark Expands In the Llanos Basin In Colombia
(GeoPark, 27.Jun.2019) — GeoPark Limited announced the expansion of its portfolio in Colombia following the successful Agencia Nacional de Hidrocarburos (ANH) bid round in June […]
ANH Colombia Says 10 Oil Blocks Have Been Allocated
(ANH Colombia, 26.Jun.2019) — At the end of the Counteroffer Hearing of the first auction of the PPAA, held today, the National Hydrocarbons Agency (ANH) […]
Colombia Grants Contracts For 10 Blocks, One Pending
(Reuters, 26.Jun.2019) — Colombia accepted bids from six companies for 10 oil contracts on Wednesday, after just one block received a counter-offer during a bidding […]