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Shell & Ecopetrol Sign Deal To Develop Offshore Colombian Gas

Colombia’s state controlled petroleum producer Ecopetrol S.A. (BVC: ECOPETROL, NYSE: EC) and Shell (AMS: RDSA, NYSE: RDS.A) through Shell subsidiary Shell EP Offshore Ventures Limited, signed a deal which will see Shell acquire a 50% stake in the Fuerte Sur, Purple Angel and...
Posted On February 8, 2020
, By Loren Moss
Image by Fajrul Falah from Pixabay
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The Global Conspiracy Against Hydraulic Fracturing: Is It Active In Colombia?

On Bogotá’s famous Avenida Séptima (7th Avenue) in Colombia, about where it connects with 76th street near the Russian Embassy, a large mural was painted on a wall. The mural, since painted over, was graffiti art in opposition to “Fracking,” or Hydraulic Fracturing. Known within...
Posted On November 3, 2019
, By Loren Moss
Photo: Frontera Energy's oil operations in Quifa, Colombia.
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Frontera Energy Wins Petroleum Exploration Rights For Colombia’s Llanos-99 Block

Frontera Energy Corporation (TSX: FEC) has announced that it was awarded the Llanos-99 block in Colombia following the successful Agencia Nacional de Hidrocarburos (ANH) bid round. This is the first new round of exploration licenses in Colombia in the past five years. The...
Posted On August 13, 2019
, By Loren Moss
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Colombia’s Auction for Petroleum Exploration Blocks Receives Historic 19 Bids From 7 Producers

After five years without any new signed hydrocarbons exploration and production contracts, Colombia’s ANH (National Hydrocarbons Agency) in charge of the allocation of oil fields for production, achieved a historic success rate of 55% of the areas offered. Two continental blocks,...
Posted On June 15, 2019
, By Loren Moss
la cira infantas ecopetrol loan cash on hand
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Colombia’s House of Representatives Approves Hydraulic Fracturing (Fracking) Studies

Colombia’s house of representatives approved as part of its National Development Plan last week, authorization for the Ministry of Mines & Energy to study the possibility of introducing Hydraulic Fracturing, nicknamed “Fracking,” in Colombia. The unconventional petroleum and...
Posted On May 20, 2019
, By Loren Moss
oil drilling (Photo credit: Moni49 / Pixabay)
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Arrow Exploration Corp. to Offload Partial Interest in VMM-2 Oil Block in Middle Magdalena Basin

Arrow Exploration will bring in $5 million USD by selling a 46.9% interest in what it refers to as the the "deeper section" of the block and a 20% interest in the "shallow section."
Posted On December 10, 2018
, By Jared Wade
Natural gas well. (Photo credit: Ken Doerr)
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PentaNova Energy Subsidiary Granted Operatorship of Maria Conchita Gas Block in Colombia

MKMS Enerji Anonim Sirketi is a fully owned subsidiary of Canadian oil and gas company PentaNova Energy.
Posted On March 6, 2018
, By Editorial Staff
A poster outside a farm in Sucre urges residents to vote against mining. (Credit: Manuel Rueda)
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Exploration Projects in Colombia Face Increasing Uncertainty as Another Town Votes Against Mining

“We cannot afford to lose this industry...I think we can save this marriage," said Orlando Velandia, president of the ANH.
Posted On October 22, 2017
, By Manuel Rueda
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