PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.Apr.2025, Words: 692) — The Colombian market is currently suffering a natural gas shortage that represents 7.6% […]
Category: Colombia
Colombia energy
EAI’s 1Q:25 “NRG Prospector” full version [183-pg emag download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Apr.2025, Words: 20,000) — Download Energy Analytics Institute‘s 183-page full version of the 1Q:25 NRG Prospector, which is […]
Ecopetrol reaches agreement to end blockages in Colombia’s Meta department
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Apr.2025) — Colombia’s Ecopetrol reached an agreement with the Unuma Indigenous Association to end road blockades near its […]
COLOMBIA EVENT: Naturgas Congress 9-11 Apr. 2025 in Barranquilla
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Mar.2025) — The Naturgas Congress 2025 is set to take place from 9-11 Apr. 2025 in Barranquilla, Colombia. […]
Ecopetrol announces start of market maker program on Colombia stock exchange
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.Mar.2025) — Ecopetrol S.A. completed the necessary procedures for the implementation of the Market Maker program for […]
Aris Mining Targets Annual Production of 500,000 Oz of Gold in Colombia
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 12.Mar.2025) — Aris Mining Corporation, which operates 2 underground gold mines in Colombia: the Segovia operations and […]
CERAWeek: Petrobras eyes subsea-to-shore for gas offshore Colombia, Sylvia Anjos says
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 11.Mar.2025, Words: 480) — Petrobras plans to commercialize its natural gas discoveries offshore Colombia using subsea-to-shore installations, […]
Petrobras and Ecopetrol encounter good productivity at DST offshore Colombia
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 10.Mar.2025) — Rio de Janeiro-based Petrobras said the Drill Stem Test (DST) in the Sirius-2 well, located […]
Petrobras Ends Process to Divest of Assets in Petrobras Colombia Combustibles (PECOCO)
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.Mar.2025) — The executive board Rio de Janeiro-based Petrobras approved the termination of the divestment project related […]
COMMENTARY: GeoPark Expands Footprint in Vaca Muerta with Key Acquisition
RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 6.Mar.2025) — GeoPark Limited made a strategic move into Argentina’s Vaca Muerta shale play, reinforcing its commitment to […]
Aris Mining Updates on Colombian Ministry Resolution in the Santurbán Region
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Mar.2025) — The Colombian Ministry of Environment completed the public consultation process initiated in Nov. 2024 in […]
Ecopetrol Appoints Robledo as New BOD after Palma Resignation
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 5.Mar.2025) — Ecopetrol S.A. announced the resignation of Dr. Edwin Palma Egea, which was submitted today to the […]
Ecopetrol Reports Production of 746,000 boe/d in 2024
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 4.Mar.2025) — Colombia’s state-owned Ecopetrol reported average crude oil and natural gas production of 746,000 barrels of […]
Ecopetrol’s 2024 Earnings Distribution Proposal
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Mar.2025) — Ecopetrol announced its proposal for the distribution of 2024 earnings, which has been approved by its […]
NRGBriefs Feb. 2025: Pemex Deer Park, Oxy on CrownRock, Sunoco on Mexican drug cartels
HOUSTON, TEXAS (Energy Analytics Institute, 28.Feb.2025) — Energy briefs as well as others related to finance and projects during Feb. 2025 including Petrobras on record […]
Moody’s Maintains Ecopetrol’s Global Credit Rating at Ba1 with a Stable Outlook
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 27.Feb.2025) — Moody’s reported the results of its periodic review of Ecopetrol S.A. on 24 Feb. 2025 […]
Bladex and BTG Pactual Lead New Credit Facility for GeoPark Colombia SAS
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 25.Feb.2025) — Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and Banco BTG Pactual S.A. – Cayman Branch […]
Ecopetrol to Guarantee Adequate Representation at 28 Mar. 2025 Shareholder Meeting
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 21.Feb.2025) — The Board of Directors of Ecopetrol SA approved implementation of measures aimed at guaranteeing the […]
Ecopetrol Reports 104% Reserves Replacement in 2024, Average Reserve Life of 7.6 Years
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.Feb.2025) — Bogotá-based Ecopetrol SA boosted its net proven crude oil, natural gas and condensates reserves (1P […]
Ecopetrol to Host 4Q:24 Webcast on 5 Mar. 2025
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — Ecopetrol S.A. plans to release its financial and operating results for the fourth-quarter 2024 and full […]
Ecopetrol Closes Purchase of Repsol’s 45% Interest in Block CPO-09 for $452mn
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 […]
Colombia’s Petro Calls for Sale of Ecopetrol Fracking Operations in US
BOGOTA, COLOMBIA (Luis Jaime Acosta, Reuters, 4.Feb.2025) — Colombian President Gustavo Petro on Tuesday called for the sale of state oil firm Ecopetrol‘s fracking operations in the […]
Petrobras reported natural gas sales of 50 MMcm/d in 2024
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 3.Feb.2025) — Petrobras reported average natural gas sales of 47 million cubic meters per day (MMcm/d) in […]
Ecopetrol Board Approves Senior Management Changes
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Feb.2025) — The Board of Directors of Ecopetrol S.A. approved adjustments to its organizational structure on 31 Jan. […]
NRGBriefs Jan. 2025: Golden Pass LNG, Chevron CEO on Argentina growth
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Energy briefs as well as others related to finance, economics, politics, and projects during Jan. 2025 […]
GeoPark Reveals Tender Results for its 5.5% Senior Notes due 2027
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Jan.2025) — GeoPark Limited revealed tender results in connection with its offer to purchase for cash any and […]
Frontera Completes Additional Substantial Issuer Bid
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Jan.2025) — Frontera Energy Corporation has taken up and paid for 3,500,000 of its outstanding common shares at […]
Colombian President Celebrates PV Project Exclusively Powered by JA Solar
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 26.Jan.2025) — Colombia’s President Gustavo Petro attended a ceremony at a state-owned Ecopetrol‘s refinery in Cartagena. There, he personally […]
Nature’s Miracle Inks Order for Up to 2,000 EVs in Colombia
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 23.Jan.2025) — Nature’s Miracle Holding Inc. announced the receipt of a purchase order from the National Transport […]
Bladex and Finanzauto Close ESG Loan for $53mn and COP60,000mn Respectively
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 22.Jan.2025) — Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) successfully closed a US dollar and Colombian peso […]
Reficar Ends Long Legal Process with Chicago Bridge & Iron Company N.V.
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.Jan.2025) — Refinería de Cartagena S.A.S. (Reficar) was notified of a decision issued by the Court of […]
Ecopetrol Reveals Changes in Senior Management
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.Jan.2025) — Ecopetrol S.A. announced the following changes will be made in its senior management: — Walter […]
Ecopetrol to Temporarily Reduce Conversion Cost of Purchase and Sale ADRs by 50%
(Piero Stewart, Energy Analytics Institute, 15.Jan.2025) — Bogota-based Ecopetrol reached an agreement with JPMorgan Chase Bank N.A., the depositary bank of its American Depositary Receipts […]
EAI’s NRGBriefs Dec. 2024: Exxon Guyana, Venture Global IPO, Rio Tingo Argentina
HOUSTON, TEXAS (Energy Analytics Institute, 31.Dec.2024) — Energy briefs as well as others related to finance and projects during Dec. 2024 including Venture Global filing […]
Ecopetrol Closes Deal with Repsol for 45% Interest in Colombia’s CPO-9 Block
(Piero Stewart, Energy Analytics Institute, 29.Dec.2024) — Colombia’s state-owned Ecopetrol successfully concluded negotiations with Spain’s Repsol to acquire the remaining 45% of its interest in […]
EAI Andean NRG Dashboard 4Q:24 [PDF Download]
(Energy Analytics Institute, 28.Dec.2024) — Energy Analytics Institute‘s Andean NRG Dashboard 4Q:24 with upstream, downstream, midstream, LNG, renewable, new energies and other updates from Colombia, […]
Turmoil at Colombia’s Ecopetrol Raises Profit Fears Ahead of US Investment Decision
(REUTERS, 20.Dec.2024) — Alleged interference by Colombian President Gustavo Petro in majority state-owned Ecopetrol and purges of hundreds of staff to make way for pro-government […]
Sheinbaum Says Southward Extension of North American Trade Deal Necessary
(Fidencio Casillas, Energy Analytics Institute, 17.Dec.2024) — Mexico’s president Claudia Sheinbaum Pardo said unity between her country and other progressive countries in Latin America was […]
Frontera Reveals Second Issuer Bid Valued at $30mn
(Energy Analytics Institute, 16.Dec.2024) — The Board of Directors of Frontera Energy Corporation approved the commencement of a second substantial issuer bid pursuant to which […]
Ecopetrol Names Senior Management and Legal Representative
(Energy Analytics Institute, 16.Dec.2024) — Ecopetrol S.A. announces that Germán González Reyes, who has been serving as Secretary General since 29 Sep. 2023 and Acting […]
Petrobras and Ecopetrol confirm 6 Tcf of gas at Sirius-2
(Piero Stewart, Energy Analytics Institute, 5.Dec.2024) — Brazil’s state-owned Petrobras, through its wholly-owned subsidiary Petrobras International Braspetro B.V. – Colombia Branch (PIB-COL), and Colombia’s state-owned […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 29 Nov. 2024
(Energy Analytics Institute, 29.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 29 Nov. 2024. —Argentina: YPF has put […]
GeoPark Limited to Pay $530mn for Repsol’s E&P Assets in Colombia
(GeoPark, 29.Nov.2024) — GeoPark Limited signed sale and purchase agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L (collectively referred to as Repsol) to […]
Ecopetrol Eyes Investing 24tn-28tn Pesos in 2025
(Ecopetrol, 29.Nov.2024) — Ecopetrol S.A. announces that the Board of Directors approved the annual investment budget of the Ecopetrol Group for 2025 for an amount […]
Race for LatAm offshore wind energy starting: Brazil, Chile, Colomba, and Uruguay
BOGOTA, COLOMBIA (Margarita Nieves-Zárate, Energy Analytics Institute, 26.Nov.2024, Words: 1,083) — The race for offshore wind energy in Latin America is just starting. According to […]
Ecopetrol Presents Climate Change Report [PDF Downloads]
(Ecopetrol, 20.Nov.2024) — Ecopetrol S.A. published its fourth TCFD report covering developments from 2023 and the first-half 2024. The report highlights progress in strengthening climate-related […]
Ecopetrol Eyes Greater Gas Availability for Dec. 2024
(Energy Analytics Institute, 14.Nov.2024) — Bogotá-based Ecopetrol continues with efforts aimed at delivering natural gas to the Colombian market. To this end, the state-owned company plans […]
Colombian Gov’t Eager for Post-fossil Fuels Economy. But Costs are a Barrier
BOGOTA, COLOMBIA (AP, 14.Nov.2024) — Colombia’s fiery left-wing President Gustavo Petro is one of the biggest opponents of fossil fuels on the world stage today, […]
Ecopetrol Reveals 3Q:24 Results (PDF Downloads)
(Ecopetrol, 12.Nov.2024) — For the nine months of 2024 (9M24), the Ecopetrol Group has proved once again its ability to overcome challenges and turn them […]
GeoPark and Hocol Confirm Finds, Exploration Progress in Llanos Basin Blocks
(GeoPark, 12.Nov.2024) — GeoPark announces the achievements made in 2024 together with its partner Hocol, a subsidiary of the Ecopetrol Group, in the joint exploration […]