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.
In response to recent comments from President Gustavo Petro, who declared that “it would be foolish to build our welfare on oil and coal,” the Colombian mining sector is pushing back, defending the strategic and economic importance of coal exports for the country.
In a major milestone for rural development and agroindustry in Colombia, 65 farming families from the department of Meta successfully exported 12 tons of cacao to Japan, one of the world’s most demanding markets.
Some of you may have seen this neuropsychology news last week: brain MRIs show optimists have similar brain processes but pessimists are unique. Also this week, US Energy Secretary, Chris Wright told The Economist optimistically that climate change is “not an existential crisis but a real, physical phenomenon that is a by-product of progress” and Colombian President Gustavo Petro pessimistically said that fossil fuel extraction “kills Colombia and kills humanity.”
Colombia’s oil sector showed signs of recovery in May 2025, while the natural gas segment continued to struggle, highlighting contrasting dynamics within the country’s energy industry.
In a move that has sparked controversy amid a looming energy crisis, the Colombian government has once again submitted a bill to Congress that would ban the exploration and exploitation of unconventional oil and gas reserves, including the use of hydraulic fracturing, or fracking. This comes despite the country’s mounting challenges in securing firm gas supplies for domestic demand.
During the recent summit of energy ministers from the Community of Latin American and Caribbean States (CELAC), hosted in Bogotá by the Ministry of Foreign Affairs and the Ministry of Mines and Energy (MinEnergia), Minister Edwin Palma announced the Colombian government’s intention to sign a confidentiality agreement to evaluate the potential acquisition of Monómeros.
Fitch Ratings has assigned a long-term national rating of ‘AAA(col)’ to Promigas’ CoP$350B ordinary bond issuance, underscoring the company’s strong market position in Colombia’s natural gas transportation and distribution sectors.
The DIAN and DANE reported the behavior of Colombia’s imports during May this year.
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