The Superintendent of Industry and Commerce (SIC) overturned a fine of 360 minimum monthly wages previously imposed on Gases de Occidente S.A. E.S.P., offering a key clarification: prior authorization is not required for processing personal data when it is essential to comply with a constitutional or legal duty.
Parex (TSX: PXT) announced its financial and operating results for the second quarter 2025. Here are the details.
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.