A Colombian judge ordered Ecopetrol SA and Petroleo Brasileiro SA to halt the drilling of an offshore gas well in the nation’s Caribbean waters after an Indigenous community sought legal protection.
Colombia’s state-controlled oil company Ecopetrol reported a net income for the second quarter that was down by 17.4% compared to the same period of 2023, due to external factors in variable market conditions.
Colombia’s state-owned Ecopetrol sees the country’s offshore gas production coming on line as early as 2029, Bloomberg reported on Tuesday.
European supermajor Shell and state-controlled partner Ecopetrol have made a new natural gas discovery offshore Colombia.
Ecopetrol has discovered substantial oil flows from an onshore well in the Putumayo province in Colombia, Reuters announced on Thursday.