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Government pays off subsidy debts

In a move aimed at addressing long-standing financial pressures in Colombia’s energy and gas sectors, the Ministry of Mines and Energy (MinEnergia) announced that the Petro administration has fully paid off the debts owed to companies for energy and gas subsidies corresponding to the years 2024 and 2025.

Tuesday, May 27th, 2025
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FEC’s rating outlook

S&P Global Ratings revised the outlook for Colombian oil and gas company Frontera Energy Corp. (TSE: FEC).

Tuesday, May 27th, 2025
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Propane distribution at risk

The Colombian Association of Propane Commercialization (Agremgas) raised a serious warning about the widespread informality in the distribution of propane across the country. According to the association, this growing issue not only undermines service quality but also poses major risks to user safety, particularly for low-income households that rely heavily on this energy source.

Tuesday, May 27th, 2025
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On Shell’s Departure from Colombia

On Shell’s Departure from Colombia

This week’s Analyst’s Desk contribution is from periodic contributor Tomás de la Calle, who brings us the checkered history of Shell’s on-again-off-again relationship with Colombia.

Saturday, May 24th, 2025
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Oil discoveries plummet

Oil discoveries plummet

In 2024, Colombia experienced a sharp decline in oil and gas exploration, raising serious concerns about the country’s long-term energy security.

Thursday, May 22nd, 2025
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Biodegradable solution to mop up oil spills

In a groundbreaking development, researchers at Colombia’s Universidad de Los Andes have unveiled Living Fabric, a biodegradable textile designed to clean up oil spills caused by frequent attacks on the country’s oil pipeline infrastructure.

Thursday, May 22nd, 2025
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GeoPark’s strategic talent hunt

GeoPark (NYSE: GPRK) is making bold moves to position itself as a leading oil and gas company in Latin America. At the heart of its strategy lies a major investment in human capital, specifically, by recruiting top-level executives who previously held senior roles at Colombia’s state-run oil giant, Ecopetrol (NYSE: EC).

Thursday, May 22nd, 2025
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ECP-Led alliance

Ecopetrol (NYSE: EC), in partnership with Invercolsa and its subsidiary Alcanos, signed an agreement with the Department of Cundinamarca to deliver natural gas to more than 220 low-income households across five municipalities in the region: Ricaurte, Fusagasugá, San Antonio de Tequendama, Silvania, and Tena.

Thursday, May 22nd, 2025
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Rig count in April 2025

Rig count in April 2025

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for April 2025.

Thursday, May 22nd, 2025
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Colombian economy grows

Colombia’s economy grew by 2.7% in the first quarter of 2025 compared to the same period in 2024, a result considered positive by experts. However, the performance has been uneven across sectors, with persistent concerns in oil, mining, and construction.

Thursday, May 22nd, 2025
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