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Fitch Ratings has downgraded Ecopetrol’s outlook from stable to negative, aligning it with Colombia’s sovereign rating review.

The Ministry of Mines and Energy (MinEnergia) published a draft resolution aiming to amend Decree 1073 of 2015 by incorporating regulations from Law 2045 of 2020.

The annual CERAWeek conference, widely regarded as the most important global energy sector gathering, took place last week in Houston, Texas. This year’s event saw an unprecedented number of attendees, including executives from leading energy companies and over 10,000 delegates.

The Ministry of Mines and Energy (MinEnergia) released a draft decree for the adoption of the National Geoscientific Knowledge Plan (PNCG) and the establishment of guidelines for its implementation.

Colombia’s Central Bank (BanRep) has released the latest figures on Foreign Direct Investment (FDI) as of 4Q24, providing insights into the country’s investment landscape.

The Colombian government’s recent discussions about importing gas from Qatar have sparked debate among energy experts. Some argue that this move implicitly acknowledges a gas shortage in the country.

Colombian President Gustavo Petro reiterated the need for Ecopetrol (NYSE: EC) to drive the country’s energy transition.

Adwar Moisés Casallas Cuéllar, Director of Hydrocarbons at Colombia’s Ministry of Mines and Energy, has left his position amid an administrative shake-up following the appointment of Edwin Palma Egea as the new head of the entity.

The Superintendent of Industry and Commerce (SIC) is facing strong backlash following its intervention in Naturgas.

For years, our editorial point of view was that importing gas was an unacceptable and unnecessary loss of energy sovereignty. We opposed building a second regas facility on the Pacific coast saying that the resources should be directed to encouraging domestic gas development. But, now, pragmatism means we have to modify our position.