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Despite global uncertainty in the energy market and local challenges surrounding taxation and environmental licensing, Canadian oil producer Parex Resources (TSX: PXT) remains firmly committed to Colombia, the only country where it operates.

Ecopetrol (NYSE: EC) announced a new plan to increase natural gas production and strengthen energy reliability in Colombia’s Meta and Casanare departments.

Colombia’s most powerful oil workers’ union, the Unión Sindical Obrera (USO), has formally distanced itself from President Gustavo Petro’s vision of the country’s energy transition, accusing his policies of endangering Ecopetrol (NYSE: EC), the state-controlled oil giant.

Canacol Energy (TSX: CNE) issued an official statement following notification of a national arbitration ruling in its long-running contractual dispute with VP Ingenergía, concerning the termination of three gas supply agreements between the two companies.

Canadian explorer NG Energy International Corp. (TSXV: GASX) has announced major operational progress at its two flagship natural gas assets in Colombia, Maria Conchita and Sinú-9, marking what executives describe as a pivotal moment in the company’s growth trajectory.

The world’s appetite for natural gas is set to rise again, and Colombia is watching from the sidelines.