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Parex (TSX: PXT) announced its financial and operating results for the second quarter 2025. Here are the details.

Colombia stands at a pivotal moment in its energy policy, according to Frank Pearl, President of the Colombian Petroleum and Gas Association (ACP).

At the 2025 Gas Forum in Bogotá, the President of the Colombian Mercantile Exchange (BMC), María Inés Agudelo Valencia, addressed the growing concerns about the natural gas supply deficit facing Colombia.

Chilean multinational Cencosud, owner of retail franchises such as Jumbo, officially exited the fuel retail market in Colombia by selling its gas station business to Distracom, a local company specializing in fuel commercialization.

At the 2025 Gas Forum hosted by the Colombian Mercantile Exchange, Julián Flórez, president of the National Gas Operation Council (CON-Gas) and Director of Hydrocarbons at the Ministry of Mines and Energy (MinEnergia), placed responsibility for Colombia’s current gas supply issues on past administrations, citing a decade of inaction and poor planning.

Ecopetrol (NYSE: EC) announced significant changes within its executive leadership team, following decisions made during its latest Board of Directors meeting.

The shareholders of Primax Colombia approved a resolution authorizing the company’s Board of Directors and legal representatives to issue or approve potential guarantees for obligations undertaken by Global Monastir, up to a maximum amount of US$250M.

The Petro administration launched a sweeping initiative to tighten technical oversight and enforce labor standards across Colombia’s retail fuel stations.

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

The Llanos Regional Collegiate Body of Administration and Decision (Ocad Llanos) approved CoP$84.7B in funding from Colombia’s General System of Royalties, under the 40% Regional Investment Allocation (AIR 40%), to benefit the departments of Arauca and Guaviare.