The Ministry of Mines and Energy (MinEnergia) announced preventive measures to secure the country’s energy supply, particularly in hydrocarbons, as the country faces increasing challenges.
Over one million low-income households in Colombia’s most vulnerable regions are at risk of losing their access to affordable propane. These families, primarily from socioeconomic strata 1 and 2, rely on propane subsidies to meet their energy needs.
The government released a draft decree aimed at modifying existing regulations under Decree 1073 of 2015.
For years, oil has been one of the cornerstones of Colombia’s economy, playing a significant role in key indicators like exports, Gross Domestic Product (GDP), foreign investment, and job creation.
Canacol Energy ((TSX: CNE) announced an update to its capital program for 2024.
Ecopetrol’s president, Ricardo Roa, addressed the ongoing energy crisis affecting Colombia, mainly driven by drought and low reservoir levels, and confirmed measures to prioritize natural gas supply for thermoelectric plants over vehicles.
Nidia Hernández, President of Colfecar, one of the largest freight transport associations in Colombia, expressed concern over the rising costs faced by the transport sector, which she claims are threatening its stability.
Ecopetrol (NYSE: EC) reported contracting goods and services during the first half of 2024.
The recent suspension of activities at the Uchuva 2 gas well in the Tayrona Block raised significant concerns about Colombia’s energy security.
The government released a draft resolution aimed at updating guidelines for geological information and subsurface cartography, with broader implications for energy policy, disaster risk management, and the country’s sustainable development.
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