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Colombia’s domestic gas production during the first quarter of 2025 has reached its lowest level in five years, marking a deepening crisis in the country’s energy supply.

On May 23, Colombia’s Superintendency of Public Utilities (Superservicios) imposed a management program on gas provider Alcanos S.A., following the discovery of billing irregularities that resulted in unjustified overcharges to users.

Ecopetrol (NYSE: EC), Colombia’s largest company and one of Latin America’s most relevant energy firms, sits at the crossroads of value and volatility.

The Colombian Petroleum and Gas Association (ACP) will host the fourth edition of the Gran Foro Hechos de Sostenibilidad in Cali on June 11–12, 2025.

A heated public dispute has erupted in Colombia over the recent rise in natural gas prices, with Juan Ricardo Ortega, president of Grupo Energía Bogotá (GEB), pointing fingers at Ecopetrol (NYSE: EC) and its subsidiary Hocol. The oil giant, in turn, has defended its position, urging market players to avoid speculation and adhere to facts.

In a move aimed at addressing long-standing financial pressures in Colombia’s energy and gas sectors, the Ministry of Mines and Energy (MinEnergia) announced that the Petro administration has fully paid off the debts owed to companies for energy and gas subsidies corresponding to the years 2024 and 2025.