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Ecopetrol defends oil

One of the most controversial decisions of the current Colombian government has been its apparent intent to move away from oil exploration, a policy critics argue contradicts the country’s economic realities and undermines the very concept of a balanced energy transition.

Wednesday, June 25th, 2025
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Regulatory changes

The Colombian Energy and Gas Regulatory Commission (CREG) is preparing a series of regulatory adjustments to ease the pressure of rising energy and gas tariffs on consumers, particularly due to growing dependence on imported natural gas.

Wednesday, June 25th, 2025
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Redesign of Barrancabermeja refinery

Engineering and consulting firm Wood has secured a contract from Colombian national oil company Ecopetrol (NYSE: EC) to deliver the detailed engineering design for significant upgrades at the Barrancabermeja refinery, the country’s oldest and largest refining facility.

Wednesday, June 25th, 2025
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Oil production hits lowest level in four years

Oil production hits lowest level in four years

Colombia’s oil and gas industry continues to show signs of weakening, with April 2025 marking the lowest level of crude oil production in the past four years.

Tuesday, June 24th, 2025
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Board transition

Gran Tierra Energy (TSX: GTE) announced that Peter Dey will step down from the company’s Board of Directors at the end of June 2025. According to the company’s official statement, Dey cited personal reasons for his resignation.

Tuesday, June 24th, 2025
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Experts on ECP’s stock

Despite a 17% surge in 2025, Ecopetrol’s (NYSE: EC) stock performance on the Colombian Stock Exchange (BVC) has not been enough to convince analysts to issue bullish recommendations.

Tuesday, June 24th, 2025
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Monómeros license threatened

Monómeros, the Colombian-Venezuelan fertilizer producer based in Barranquilla, faces a new wave of uncertainty as its operating license, granted by the US Treasury Department’s Office of Foreign Assets Control (OFAC), may not be renewed at the end of this month.

Tuesday, June 24th, 2025
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ECP’s transfers to drop

ECP’s transfers to drop

A sharp decline in Ecopetrol’s (NYSE: EC) contributions to the Colombian government is anticipated over the next few years, according to projections outlined in the recently published Medium-Term Fiscal Framework (MFMP).

Monday, June 23rd, 2025
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Royalties under watch

Colombia’s National Planning Department (DNP) unveiled a comprehensive strategy to improve oversight and transparency in the use of royalties; public funds derived from the extraction of non-renewable resources like oil and minerals.

Monday, June 23rd, 2025
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Gas subsidy strain

Fedesarrollo warned of growing fiscal pressure amid rising import costs and shrinking domestic reserves.

Monday, June 23rd, 2025
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