Canacol Energy Ltd (CNNEF)
- Reuters
UPDATE 2-Canacol Energy not in talks with Ecopetrol over gas assets, chief executive says
Canada's Canacol Energy has not had any discussion with Colombia's majority state-owned oil company, Ecopetrol, regarding a transaction over its gas assets in the Andean country, Chief Executive Charle Gamba said on Friday. Ecopetrol's CEO, Ricardo Roa, earlier this week said the Colombian company was analyzing the potential to incorporate Canacol Energy's assets in its own portfolio. On Wednesday, Roa said Ecopetrol was considering buying the Canadian company's gas assets amid growing concern that Colombia will lose gas self-sufficiency in five years.
- Reuters
Colombia's Ecopetrol talking to 'very large' players in offshore wind -CEO
Colombia's majority state-owned energy company Ecopetrol has held talks with big players ahead of a potential bid in an offshore wind auction organized by the country's government, Chief Executive Ricardo Roa said on Wednesday. Roa was speaking during a call with analysts regarding the company's financial results for the first quarter of 2024, where net profit dropped 29% to 4.01 trillion pesos ($1 billion) on the back of lower sales and a reevaluation of the country's peso. Earlier this week the company told Reuters it was conducting technical, economic and legal analyses of potentially participating in an offshore wind auction process to award areas and licenses in the country's Caribbean region.
