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.
At the 2025 Naturgas Congress, Colombia’s Minister of Mines and Energy (MinEnergia), Edwin Palma Egea, announced a significant policy shift: the government is working to establish long-term natural gas import contracts aimed at reducing public service tariffs for Colombian consumers.
In a stark and urgent appeal, Eduardo Verano, Governor of Atlántico, warned that Colombia is teetering on the edge of an “energy pandemic” due to the growing threat of a natural gas shortage.
During the 2025 Naturgas Congress, Ecopetrol (NYSE: EC) President Ricardo Roa Barragán announced the detailed roadmap for the company’s Pacific Coast regasification project, which will allow Colombia to import natural gas through a new terminal located in Buga, Valle del Cauca.
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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