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Colombia’s new Finance Minister (MinHacienda), Germán Ávila, outlined a bold economic recovery plan aimed at stabilizing the country’s finances in the remaining months of President Gustavo Petro’s term.

Ecopetrol’s (NYSE: EC) Board of Directors approved funding and development for the “Quality Baseline Line” project, an initiative aimed at ensuring fuel production meets the highest quality standards, ultimately reducing pollutant emissions.

The National Federation of Biofuels (Fedebiocombustibles) announced the V International Biofuels Conference, the most important event in the sector in Latin America.

Nidia Hernández, president of Colfecar, shared insights into the challenges facing Colombia’s transportation sector.

Propane is the primary cooking fuel for millions of Colombians. It offers a cleaner alternative to firewood or coal which pose serious health and environmental risks. However, the propane sector is now facing a crisis due to the government’s failure to pay subsidies, a situation that could leave one million families without access to this essential fuel.

With a staggering market capitalization of US$1.6T, a net profit of US$106B, and a free cash flow of US$85B, Aramco’s potential entry into Colombia’s liquid fuel market has generated significant anticipation regarding its impact on the industry.

Energy issues are becoming increasingly relevant, extending beyond discussions on economics, public policy, or tourism. Oil, gas, and minerals are now central topics not only at a national level but also internationally. A recent study by Global Petrol Prices highlights the countries with the highest gasoline prices in 2025, revealing striking disparities.

The Colombian Petroleum Association (ACP) released a report highlighting the critical role of liquid fuels in the country’s economic stability and social well-being.

During the “Economic Perspectives 2025” seminar hosted by ANIF, Finance Minister Diego Guevara outlined key fiscal policy challenges and the government’s strategy to address them. One of the central topics was the future of the Fuel Price Stabilization Fund (FEPC) and potential changes to diesel pricing in Colombia.

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.