News and AnalysIs for

The Colombian Chamber of Goods and Services (Campetrol) reported rig information for July 2024.

Cenit announced that it has activated the Emergency and Contingency Plan (PEC) for the Coveñas Caño Limón (CCL) and Bicentenario (OBC) pipelines.

Alejandro Martínez, President of Gasnova, called on the Petro administration to not defunding subsidies for propane used by lower-income households.

A resignation letter highlights the growing influence of Colombian President Gustavo Petro over the Ecopetrol Board of Directors, raising concerns about the independence of the country’s largest company.

José Manuel Restrepo, a prominent figure in Colombia’s economic landscape and former MinHacienda, voiced significant concerns about Ecopetrol’s (NYSE: EC) future.

Ecopetrol’s (NYSE: EC) President, Ricardo Roa, and Colombia’s Minister of Mines and Energy (MinEnergia), Andrés Camacho, visited Brazil recently to meet with executives from Brazilian companies, focusing on potential business ventures in energy transition and hydrocarbons.

The Vice Presidency of Operations, Royalties, and Participation of the ANH has released a key document on the oversight and measurement of the volume and quality of hydrocarbons produced in Colombia. Companies should have their regulatory and operations teams review the source documents. What follows is our summary of the document.

Colombia is currently facing a jet fuel shortage due to a technical failure at the Cartagena Refinery, which supplies approximately 35% of the country’s aviation fuel demand—equivalent to 13,000bd.

Colombia stands at a critical crossroads in its development journey. With significant challenges in the extractive sector, including a 48.93% decrease in natural gas reserves over the past 15 years, the country faces urgent decisions.

Colombia’s Energy and Gas Regulation Commission (CREG) introduced a set of new regulations designed to increase flexibility in the commercialization of natural gas.