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Ecopetrol generated 87,130 jobs through contractor companies during 2025 while increasing its procurement spending to CoP$23.8T, representing a 4.8% rise from the previous year’s CoP$22.7T according to reports from El Tiempo and La República.

Colombia’s national government announced the appointment of electrical engineer Víctor Paternina as Vice Minister of Energy, bringing over 18 years of energy sector experience. The Sincelejo native, educated at Universidad del Norte with an MBA from Universidad de los Andes, previously served as Energy Director where he structured energy communities and led Colombia Solar public policy definition—key pillars of the just energy transition with territorial and social focus.

GeoPark says it achieved all key 2025 guidance metrics despite materially lower oil prices, while resetting the portfolio, reset positioning the company for scale and growth. The company characterized 2025 as a transition year executing a strategy of “Protecting What We Have, Returning to Growth.”

Colombia’s petroleum and gas sector voiced strong opposition to the wealth tax imposed under the government’s emergency decrees, warning the measure threatens investment capacity and creates discriminatory tax treatment while failing to account for the industry’s long-term investment cycles.

Canacol announces that the Court of King’s Bench of Alberta (the “Canadian Court”) has approved the Company’s sale and investment solicitation process (“SISP”) authorizing the Company, with the assistance and oversight of the Sale Advisor (as defined below) and KPMG Inc. in its capacity as court-appointed Monitor (the “Monitor”), to implement the SISP in accordance with the approved procedures.

Colombia’s biofuels sector confronts sharply divergent narratives between government policy and industry survival, as President Gustavo Petro defends forced investment reforms while the sugarcane sector warns of imminent operational collapse from excessive imports threatening hundreds of thousands of jobs.