Tuesday, June 24th, 2025
Despite a 17% surge in 2025, Ecopetrol’s (NYSE: EC) stock performance on the Colombian Stock Exchange (BVC) has not been enough to convince analysts to issue bullish recommendations.
Fedesarrollo warned of growing fiscal pressure amid rising import costs and shrinking domestic reserves.
Colombian President Gustavo Petro has instructed the Board of Directors of Ecopetrol (NYSE: EC) to begin reviewing and implementing changes to the company’s bylaws that would allow current Minister of Mines and Energy (MinEnergia), Edwin Palma, to take over as CEO of the state oil company, replacing Ricardo Roa.
Gas supply continues to fall while gas demand rises. The obvious consequence is that imports rise and thus the average cost of gas. The Petro government has even stopped saying that everything is under control or threatening to fine E&Ps that “waste” gas. Where did it go?
As Colombia’s fossil fuel production declines amid lower global prices and a national policy shift away from extractive industries, critical questions emerge about the future of royalties, the backbone of regional development in many parts of the country.
In a landmark effort to boost Colombia’s energy transition, the National Hydrocarbons Agency (ANH) and the Industrial University of Santander (UIS) have unveiled the results of a comprehensive research initiative aimed at identifying real, science-backed opportunities for decarbonization and efficient use of national resources.
A recent ruling by the Administrative Court of Cundinamarca has ordered the Colombian government, under President Gustavo Petro, to allocate and execute the necessary funds to pay energy and gas subsidies owed to low-income households across the country.
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