During the “Economic Perspectives 2025” seminar hosted by ANIF, Finance Minister Diego Guevara outlined key fiscal policy challenges and the government’s strategy to address them. One of the central topics was the future of the Fuel Price Stabilization Fund (FEPC) and potential changes to diesel pricing in Colombia.
French oil and gas company Établissements Maurel & Prom (M&P) announced the finalization of an agreement with NG Energy International Corp. to acquire a 40% operating stake in the SINU-9 gas block in Colombia.
The Minister of Finance (MinHacienda), Diego Guevara, provided the first insights into the upcoming tax reform proposed by the Petro administration.
The Director of Colombia’s National Planning Department (DNP), Alexander López, raised alarms over CoP$16T in missing royalties.
The pundits have started saying nice things about Ecopetrol and the share price has responded positively.
Following Vanti’s announcement of a 36% increase in gas bills, particularly affecting regions like Bogotá, some media outlets suggested that the rise might be artificially induced. However, experts argued that the real causes behind the price surge are gas shortages and transportation challenges, as Vanti has stated.
Colombia’s liquefied petroleum gas (propane) industry is facing a severe crisis as companies warn they may be forced to halt operations due to the government’s failure to pay outstanding subsidies.
The government announced a significant increase in environmental royalty investments.
As of December 2024, Argentina has overtaken Colombia in oil production, according to official figures.
The development of one of Colombia’s most significant gas discoveries, Sirius-2, is progressing steadily with growing support from local communities.
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