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Fitch Ratings issued a stark warning for Colombia’s oil and gas sector: the country’s proven reserves now have a useful life of less than seven years, a decline that has accelerated since 2021.

Colombia’s energy sector is once again warning that the country’s heavy tax load is eroding competitiveness and slowing investment.

Ecopetrol (NYSE: EC) closed the third quarter of 2025 with mixed results: profits dropped nearly 30% to CoP$2.5T, reflecting the continued pressure of lower oil prices. But its investment outlook remains the same.

Colombia’s announcement at COP30 that it would declare the entire Amazon biome a Renewable Natural Resources Reserve, effectively banning new large-scale mining and hydrocarbons activity, was intended as a bold environmental milestone.

Ecopetrol’s (NYSE: EC) third-quarter results for 2025 confirmed a year marked by financial pressure, but with one standout exception: its Permian operations in the United States.

Colombia’s long-awaited offshore gas project, Sirius, is steadily moving through its licensing stages, yet the country’s widening supply gap is prompting experts to call for an interim solution: using fracking to regain self-sufficiency while the offshore field comes online.