(Ecopetrol, 1.Mar.2024) — Ecopetrol SA ended 2023 with strong operational results that drove achievements across the entire company. We have achieved the second-best financial results in history by following our financial...
(Reuters, 11.Feb.2024) — U.S. shale oil rivals Diamondback Energy and Endeavor Energy Resources are close to finalizing a roughly $25 billion cash-and-stock deal that would create an oil and gas...
(Mexico Pacific, 16.Jan.2024) — Mexico Pacific signed a third long-term Sales and Purchase Agreement (SPA) with ExxonMobil LNG Asia Pacific (EMLAP) for an additional 1.2 million tonnes per annum (MTPA)...
(WoodMac, 17.May.2023) — Near-term gas market expansion continues to be driven by global demand for US LNG exports, which will largely be supplied through continued growth in Permian associated gas...
(Barrons, 16.Nov.2022) — A 5.3 magnitude earthquake hit a key oil basin in West Texas on Wednesday afternoon, and was strong enough to be felt in Austin and other parts...
(Ecopetrol, 14.Dec.2020) — Ecopetrol S.A.’s Board of Directors approved the 2021 organic investment plan for the Ecopetrol Group (GE) for an estimated amount between $3.5bn and $4bn. HIGHLIGHTS - The...
(Reuters, 14.Sep.2020) — Colombian oil company Ecopetrol SA aims to drill a total 100 wells by end-2021 in the Permian Basin of West Texas as global oil prices recover, Chief...
(Houston American, 3.Sep.2020) — Houston American Energy Corp. provided an update on recent activities on its U.S. Permian Basin acreage. In Yoakum County, TX, the Frost #2-H frac has been...
(Bloomberg, 1.Apr.2020) — Just a bit more than 3 weeks ago, the head of Argentina’s state-run driller outlined an aggressive $1.8 billion spending plan for 2020 in the country’s Vaca...
(Ecopetrol, 25.Nov.2019) — Ecopetrol S.A. reported that in 2020 the Ecopetrol Group (GE) plans to invest an expected US$4.5 to US$5.5 billion, 25% to 53% higher than the estimated 2019...
(Energy Analytics Institute, 4.Sep.2019) — “The massive Vaca Muerta formation is geologically comparable to the best US oil basins, particularly the Permian Basin in West Texas and southeastern New Mexico,...
(Petroleum Economist, Charles Waine, 2.Aug.2019) — Mexico's Comisión Federal de Electridad (CFE), the state-owned electricity utility, has started legal proceedings against seven natural gas pipelines. The move intensifies fears about...
(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 Petroleum Corporation to develop Occidental's...
(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 in the Permian Basin. The...
(WoodMac, 24.Apr.2019) — Occidental Petroleum today put forward a rival bid to acquire Anadarko Petroleum for US$38 billion, surpassing Chevron's US$33 billion offer earlier this month. Occidental proposes paying US$76...
(ERES, 16.Jan.2019) — Energy Real Estate Solutions (ERES) opened its first international office in Neuquén, Argentina. The announcement marks a move by the company to provide boots-on-the-ground support to meet...
(Energy Analytics Institute, Piero Stewart and Pietro D. Pitts, 20.Nov.2018) — Argentina’s Vaca Muerta unconventional shale gas formation in Neuquén is at the center of an energy revolution taking place...
(ShaleWolf Capital, 9.Aug.2018) – On June 22nd, 2018 President Donald Trump asked OPEC to increase its daily oil output by 1 million barrels. Industry experts would agree that OPEC is...
(CNN Money, 28.Jul.2016) – Argentina has exceptional hydrocarbon reserves, but politics has greatly affected its development. The economy in Argentina is best described as a "pendulum", going from loose economic...