President Gustavo Petro considers selling Ecopetrol’s Permian Basin assets essential for the company’s financial sustainability, but experts strongly disagree, viewing the move as both unviable and harmful to the stock.
Anticipating the time of year when reserves reports usually appear, Geopark published a press release and detailed reserve report reflecting its participation in the Vaca Muerta.
President Gustavo Petro issued a stark warning that Ecopetrol should immediately sell its participation in the Permian Basin project in the United States, citing growing risks following his inclusion on the Clinton List (OFAC sanctions list).
Promigas presented solid financial and operational results for the third quarter of 2025, demonstrating continued strengthening of its business portfolio while contributing to Colombia’s energy transition with reliable and innovative solutions.
Petrobras is advancing multiple natural gas exploration initiatives in Colombia’s Caribbean waters while navigating the complex approval process for its flagship Sirius project, according to Alcindo Moritz, president of Petrobras in Colombia.
Ballena on the Caribbean coast produces only a fraction of what it used to but still contributes an important amount to the country’s dwindling supplies. Ecopetrol also plans to convert it to a gas import facility.
Three controversies have engulfed Colombia’s state oil company Ecopetrol in recent weeks, involving alleged financial misconduct, irregular financial tracking, and violation of campaign financing laws when Ricardo Roa ran Gustavo Petro’s 2022 election bid.
Fast growing gas producer NG Energy reported its 3Q25 financial results in a press release.
Colombia’s ongoing fiscal crisis is expected to worsen in 2026 due to a sharp drop in the profits of Ecopetrol, the nation’s most important company. The urgency for cash is so significant that the current administration has introduced a third tax reform bill to Congress.
Gases del Caribe, a major player in Colombia’s energy sector, has been recognized in the Digital Transformation category of the 2025 Portafolio Awards for its innovative platform called Helious. This proprietary technology was developed to fundamentally transform the management of natural gas supply and transportation across the country.
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