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At the beginning of October, the oil and gas industry held its annual three-day summit, this time in Cartagena. Overlapping slightly, the Petro government also held a three-day summit called Feria de las Economias para la Vida (Economies for Life Fair) or FEV. The President and the Minister of Energy at least seemed to position it as the opposite of the Oil and Gas Summit.

The Colombian Association of Large Energy Consumers (Asoenergía) issued a stark warning regarding the significant risks industries face from the ongoing challenges in the gas sector.

A recent report from ANIF, Colombia’s economic research center, highlighted that the country’s current gas reserves will only meet domestic demand for about five more years.

Ricardo Roa, President of Ecopetrol (NYSE: EC), recently confirmed that the company is actively incorporating artificial intelligence (AI) into its operations, responding to a call from Colombian President Gustavo Petro to embrace the technology.

Ecopetrol (NYSE: EC) has become a driving force for regional development through its focus on sustainability and social responsibility.

Luz Stella Murgas, President of the National Association of Natural Gas (Naturgas), issued a stark warning.