Tag

Gran Tierra Energy announced that its net loss was $252 million compared with net income of $27 million in the Prior Quarter, due to lower revenues primarily from the collapse in oil price

Both the Colombian petroleum producers' industry group ACP and the petroleum workers' union UTIPEC are in agreement in their calls for flexibility in petroleum transportation prices in Colombia's indirectly government controlled transportation network, and decry CENIT's financing...

The collapse in oil prices has led ACP, Colombia's petroleum industry association to call on the country's government to allow flexibility in the regulated pipeline transportation costs, that now make up almost half the cost of a barrel of oil, says the trade group.

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,...

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...

MKMS Enerji Anonim Sirketi is a fully owned subsidiary of Canadian oil and gas company PentaNova Energy.

“We cannot afford to lose this industry...I think we can save this marriage," said Orlando Velandia, president of the ANH.

"Ecopetrol expresses its strong opposition to the protests that have been introduced to El Doncello, Caquetá," said the oil giant.