Monday, August 25th, 2025
…but we think about them anyway.
Colombia’s natural gas shortage is no longer just a power generation concern, it is now hitting industry, forcing companies to turn back to coal and liquid fuels to keep operations running.
Transportadora de Gas Internacional (TGI), a subsidiary of Grupo Energía Bogotá (GEB), reported its 2Q25 results.
Ecopetrol (NYSE: EC) warned of a significant drop in production from the Permian Basin, its flagship U.S. asset that has been a key driver of the company’s results in recent years.
The president of Colombia’s oil workers’ union, Unión Sindical Obrera (USO), César Loza Arenas, called on Ecopetrol (NYSE: EC) to step up exploration of oil and gas in the country, warning that the state-owned company cannot wait until “the pot is scraped clean.”
Colombia’s economy grew 2.1% in the second quarter of 2025, but the mining and oil sectors dragged heavily on overall performance with steep declines.
Ecopetrol (NYSE: EC) confirmed that two of its key exploratory wells drilled in the first half of 2025 failed to deliver commercial hydrocarbon results.