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.
The Colombian business association ANDI voiced strong opposition to an inspection conducted by the Superintendence of Industry and Commerce (SIC) at the offices of Naturgas.
Ecopetrol (NYSE: EC) assured the public that the electrical failure that occurred at the Cartagena Refinery (Reficar) on February 14 has been successfully identified and corrected.
So far six ministers have resigned irrevocably from President Gustavo Petro’s cabinet, including his combative MinAmbiente Susana Mohamad since the first of February after three left in January. The rest have been asked to resign pro forma so the president can create a new cabinet. Why and where are we going?
Ecopetrol (NYSE: EC) initiated the commercial process for selling available natural gas for the coming years, sourced from the Cusiana, Cupiagua, and Cupiagua Sur fields in the Casanare department of Colombia.
The ongoing debate over Colombia’s natural gas supply has long been a tug-of-war between the national government and energy sector leaders.
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