Thursday, May 29th, 2025
Rising violence in Colombia is once again threatening the stability of its business environment, reminiscent of the turmoil experienced in the 1990s. Armed conflict, extortion, and infrastructure attacks are putting corporate operations at risk and forcing companies to reassess their presence in key regions of the country.
The Ministry of Mines and Energy (MinEnergia) and the National Hydrocarbons Agency (ANH) released the 2024 Reserves and Resources Report (IRR 2024), showcasing significant progress in Colombia’s hydrocarbons sector.
Colombia’s state oil company Ecopetrol (NYSE: EC) is preparing to import natural gas from the Middle East as part of a broader strategy to diversify and secure the country’s energy supply.
On June 5 and 6, 2025, the city of Barranquilla will become the focal point for critical energy discussions as it hosts the 4th International Propane Energy Summit, organized by the Colombian Propane Association (Agremgas).
In a major move to accelerate its energy transition strategy, Ecopetrol (NYSE: EC) announced that it had successfully finalized a deal with Statkraft European Wind and Solar Holding AS, a subsidiary of the Norwegian state-owned energy company Statkraft, to acquire its entire renewable energy portfolio in Colombia.
Colombia’s domestic gas production during the first quarter of 2025 has reached its lowest level in five years, marking a deepening crisis in the country’s energy supply.
On May 23, Colombia’s Superintendency of Public Utilities (Superservicios) imposed a management program on gas provider Alcanos S.A., following the discovery of billing irregularities that resulted in unjustified overcharges to users.