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Oil discoveries plummet

Thursday, May 22nd, 2025

In 2024, Colombia experienced a sharp decline in oil and gas exploration, raising serious concerns about the country’s long-term energy security.

GeoPark’s strategic talent hunt

Thursday, May 22nd, 2025 Category: Company News
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ECP-Led alliance

Thursday, May 22nd, 2025 Category: Eye on Ecopetrol
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Recent News

Rig count in April 2025

Rig count in April 2025

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for April 2025.

Thursday, May 22nd, 2025
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Colombian economy grows

Colombia’s economy grew by 2.7% in the first quarter of 2025 compared to the same period in 2024, a result considered positive by experts. However, the performance has been uneven across sectors, with persistent concerns in oil, mining, and construction.

Thursday, May 22nd, 2025
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Sanctioning process against ECP

Colombia’s National Environmental Licensing Agency (ANLA) launched a sanctioning process against Ecopetrol for environmental violations related to its Campo Río Ceibas oil project in Huila, located in the southern part of the Andean region.

Thursday, May 22nd, 2025
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Fuel subsidy dilemma

The Fuel Price Stabilization Fund (FEPC), a key instrument to buffer domestic fuel prices against international volatility, is projected to end 2025 with a deficit of CoP$3.8T, its lowest since 2020, but still a significant burden on the national budget.

Thursday, May 22nd, 2025
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Oil production hits two-year low

Oil production hits two-year low

Colombia’s oil industry is showing signs of serious strain, as national crude production in March 2025 fell to its lowest level since May 2022.

Tuesday, May 20th, 2025
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Gas sanctions loom?

Colombian President Gustavo Petro announced potential sanctions against gas intermediary companies, accusing them of diverting residential gas supplies to more lucrative thermoelectric generation. His remarks follow a Fedesarrollo study warning of steep increases in gas tariffs due to rising import dependency.

Tuesday, May 20th, 2025
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