Finance Colombia » National Hydrocarbon Agency

Armando Zamora Returns As Head Of National Hydrocarbons Agency

Today, mechanical engineer Armando Zamora Reyes (above, left) was sworn in as president of Colombia’s National Hydrocarbons Agency by Minister of Mines and Energy, María Fernanda Suárez Londoño

Posted On March 12, 2020

, By Loren Moss

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

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