Tuesday, December 9th, 2025
Foreign Direct Investment (FDI) in Colombia has declined for two consecutive years, reflecting increased risk perception and deteriorating investment conditions. According to Banco de la República’s Balance of Payments data, accumulated FDI through the third quarter of 2025 reached US$6.969 billion, representing a 20% drop compared to US$8.671 billion in the same period of 2024.
Parex announced an update on the Llanos Foothills exploration project and other operational matters.
The Petro government proposed eliminating unpopular taxes on alcoholic beverages, particularly beer, in exchange for reviving a previously struck-down measure prohibiting oil and mining companies from deducting royalties from their income tax.
As Colombia faces a natural gas deficit and increasing import dependency, Gas País proposes liquefied petroleum gas (LPG) as an alternative to meet demand while the offshore Sirius project comes online.
Colombia’s Constitutional Court validated Decree 1275 of 2024, which recognizes indigenous peoples as environmental authorities within their territories, but established specific conditions for its application. The decree, signed by President Gustavo Petro and issued by the Ministry of Environment, responds to a demand from ancestral communities spanning more than three decades.
From the beginning President Gustavo Petro’s government seemed determined that Colombia would lose its self-sufficiency in fossil fuels. It appears to be accomplishing that goal, certainly in gas, and maybe in liquids as well.
The Colombian government, through the Ministry of Mines and Energy, announced an urgent package of measures to stabilize natural gas prices and protect residential users, small businesses, taxi drivers, and productive sectors dependent on this service.
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