Wednesday, June 18th, 2025
In a significant policy shift, the government of President Gustavo Petro will raise the price of diesel fuel for all vehicles in Colombia that are not used for cargo transportation.
With the arrival of 530,000 barrels of regular gasoline imported from the US Gulf Coast, the Pozos Colorados Maritime Terminal in Santa Marta, Magdalena, officially launched a major expansion of its operations.
At the IV Forum on Sustainability Milestones, Andrés Bitar, Vice President of Strategy and Regulatory Affairs at the Colombian Petroleum Association (ACP), emphasized the scale of the challenge facing Colombia in decarbonizing its transportation sector, a critical step toward meeting national and global climate targets.
At the closing session of the IV Sustainability Forum hosted by the Colombian Petroleum Association (ACP), a political panel of presidential pre-candidates spotlighted the future of Colombia’s energy sector, with a unified message: the country must reactivate hydrocarbon exploration to ensure energy security and economic stability.
Colombia’s Office of the Comptroller General (CGR) identified fiscal irregularities totaling more than CoP$2.1T (approximately US$550M) in projects funded by the General System of Royalties (SGR) between 2023 and 2025.
In a recent opinion piece, economist Marc Hofstetter revisits a provocative but recurring question in Colombian economic policy: should the government sell Ecopetrol (NYSE: EC)?
At the IV Forum on Sustainability Achievements, Jorge Henao, President of Transportadora de Gas Internacional (TGI), outlined two urgent regulatory measures needed to ensure energy security, expand natural gas coverage, and secure long-term supply for Colombia.