Colombia, Australia ink hydrocarbons deal
Colombia's mines and energy minister Tomás González and Australian consul Crispin Conroy signed a hydrocarbons MOU.
The agreement will promote investment and development of regulatory frameworks for offshore E&P and coal-associated gas methane, the ministry said in a statement.
Other cooperation areas include sustainable practices, transparency and governance, land and environmental management, occupational health and industrial safety, innovation and technology, and community relations.
Also from Colombia, Ecopetrol signed a bilateral commercial credit for US$175mn with The Bank of Tokyo-Mitsubushi UFJ.
In a statement, the NOC said that resources will be used to finance the company's 2016 investment plan and for general corporate purposes.
S&P has maintained Ecopetrol's corportate rating at 'BBB' and revised the outlook to negative from stable due to the international oil price, and lowered the company's individual rating to 'BB' from 'BBB-'.
UPCOMING BNAMERICAS EVENTS
4TH Mexico Electric Power Summit
Click here to see the agenda and speakers
5TH Mexico Infrastructure Summit
Click here to see the agenda and speakers
4TH Mexico Oil&Gas Summit
Click here to see the agenda and speakers
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Oil & Gas (Colombia)
Colombia's Promigas open to transporting gas from Venezuela
Meanwhile, the company says it is pushing ahead with clean hydrogen expansion plans.
Ecopetrol to boost energy transition investments in 2024
The Colombian state-run company will focus on clean hydrogen, renewable energy and natural gas.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Oil & Gas (Colombia)
Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Bloque VSM 37
- Current stage:
- Updated:
2 days ago
- Project: VMM 4-2 area
- Current stage:
- Updated:
2 days ago
- Project: VIM 10-2 area
- Current stage:
- Updated:
2 days ago
- Project: VSM 13-2 area
- Current stage:
- Updated:
2 days ago
- Project: VSM 14-1 area
- Current stage:
- Updated:
2 days ago
- Project: Expansion of the trunk network and natural gas distribution networks for the rural and urban area of the municipality of Aguazul Casanare
- Current stage:
- Updated:
6 months ago
- Project: Improvement of tertiary roads for the social and economic development of the countryside group 1 department of Valle del Cauca
- Current stage:
- Updated:
6 months ago
- Project: Barrancabermeja Refinery Modernization (PMRB)
- Current stage:
- Updated:
1 month ago
- Project: Block VSM 4
- Current stage:
- Updated:
1 month ago
- Project: Block LLA 121
- Current stage:
- Updated:
2 months ago
Other companies in: Oil & Gas (Colombia)
Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Petrobras Colombia Limited  (Petrobras Colombia)
-
Petrobras Colombia Limited (Petrobras Colombia) is a company owned by Petroleo Brasileiro S.A. (Petrobras), which is aimed at the distribution of fuel and lubricants in 113 serv...
- Company: Hocol Petroleum Limited  (Hocol)
-
Colombian oil E&P firm Hocol, a subsidiary of Colombian state oil company Ecopetrol, operates crude oil and gas condensate blocks in the country's upper Magdalena, Los Llanos an...
- Company: Turgas S.A
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Iberoamericana de Hidrocarburos (IHSA CQ)  (Iberoamericana de Hidrocarburos)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Vanti
-
Vanti, formerly known as Gas Natural S.A. ESP, is a Colombian gas company engaged in the distribution and sale of natural gas in the city of Bogotá, and the municipalities of So...
- Company: Tuscany Oilfield Holdings Ltd.  (Tuscany)
-
Tuscany Oilfield Holdings is a contractor company established in Bogotá, Colombia, which offers well drilling, termination and reconditioning services for the natural gas and oi...
- Company: ODL JV Ltd.  (ODL JV)
-
ODL JV ltd., formerly Pacific Midstream Ltd., operates as a subsidiary of Canadian energy firm Frontera Energy Corporation. Through the subsidiary's 35% interest in Oleoducto de...
- Company: Termovalle S.C.A. E.S.P.  (Termovalle)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...