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.
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.
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.
GeoPark (NYSE: GPRK) announced a new Protocol to Contribute to the Protection of Individuals in Situations of Risk or Threat, reinforcing its long-standing commitment to human rights in Colombia
Arrow Exploration Corp. (TSXV: AXL), a high-growth oil and gas operator with key assets in Colombia, provided a comprehensive operational update from its activities on the Tapir Block in the Llanos Basin, where it holds a 50% beneficial interest.
GeoPark Limited (NYSE: GPRK) released its operational update for the second quarter of 2025, reporting steady oil and gas production despite temporary challenges in key assets.
The Colombian Ministry of Labor (MinTrabajo) held a meeting with representatives from Cenit Transporte y Logística de Hidrocarburos, a subsidiary of Ecopetrol (NYSE: EC, and the Unión Sindical Obrera (USO), the oil workers’ union, to evaluate recent labor changes under Cenit’s internal project Operación Sostenible (OPES).
Canacol Energy Ltd. (TSX: CNE) released a comprehensive update on its latest drilling activities across multiple exploration blocks in Colombia, reporting a mix of technical challenges and promising gas discoveries within its 100% working interest wells.
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