The Amazon presidential summit in Bogotá closed with partial agreements but without the headline demand from Indigenous communities, scientists, and civil society: a ban on fossil fuel extraction in the rainforest.
The Colombian government unveiled a draft resolution aimed at ensuring natural gas supply during the scheduled maintenance of Cartagena’s regasification plant, SPEC LNG, set for October 10–14, 2025.
Propane is gaining prominence in Colombia as the country grapples with declining natural gas reserves.
The future of Colombia’s hydrocarbon sector hinges on addressing falling reserves and accelerating the development of both conventional and unconventional resources, according to Óscar Ferney Rincón, Director of the Colombian Association of Petroleum Engineers (Acipet).
In a sharply worded opinion piece, Aquiles Mercado, Vice President of Finance and Administration, warned that Colombia may be falling into what he calls “Energy hubris”, an arrogance that could cost the country its energy sovereignty.
Shell (LON: RDSB) has officially begun its withdrawal from Colombia’s hydrocarbon exploration sector, transferring its participation in three offshore contracts to Ecopetrol (NYSE: EC).
Propane distributors sounded the alarm over a government proposal that, they argued, could jeopardize the continuity of an essential energy service for hundreds of thousands of Colombians.
Organización Terpel closed the first half of 2025 with solid results, posting a 21.9% increase in net profit compared to the same period last year.
Frank Pearl, President of the Colombian Oil and Gas Association (ACP), called for strengthening and expanding the Work for Taxes mechanism, arguing that while the tool has delivered tangible results in conflict-affected regions, it remains underutilized and far below its potential.
Ecopetrol (NYSE: EC) is navigating one of its toughest moments in recent years. Falling profits, weaker oil prices, and rising costs have shaken investor confidence, leaving markets debating whether to hold or sell the stock. The company, however, insists its operations remain stable, diversified, and strategically aligned with energy transition goals.
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