Wednesday, April 16th, 2025
The President of Colombia’s National Hydrocarbons Agency (ANH), Orlando Velandia, offered a surprisingly optimistic forecast for the country’s oil and gas reserves in 2024.
During the final day of the Naturgas Congress, Ecopetrol (NYSE: EC) President Ricardo Roa delivered a mixed message: while announcing a new schedule for gas commercialization, he also warned of a significant drop in the company’s earnings following the recent plunge in global oil prices.
More than a year ahead of Colombia’s 2026 presidential elections, political movements are already gaining momentum.
At the 2025 Naturgas Congress, Luz Stella Murgas, President of Naturgas, delivered a strong critique of the Colombian government’s approach to energy transition under President Gustavo Petro.
The United States revoked two key licenses that had enabled Trinidad and Tobago to pursue offshore natural gas development projects in partnership with Venezuela, Prime Minister Stuart Young announced.
Ecopetrol (NYSE: EC) and Petrobras (NYSE: PBR) have successfully completed formation tests at the Sirius-2 well, marking a major step in the evaluation of what is now considered Colombia’s largest offshore natural gas discovery.
U.S. President Donald Trump’s latest tariff moves are sending ripples through Latin America’s energy sector, with potential impacts that range from reduced investments to trade disruptions and volatile oil prices.
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