The President of Colombia’s National Hydrocarbons Agency (ANH), Orlando Velandia, offered a surprisingly optimistic forecast for the country’s oil and gas reserves in 2024.
In a stark and urgent appeal, Eduardo Verano, Governor of Atlántico, warned that Colombia is teetering on the edge of an “energy pandemic” due to the growing threat of a natural gas shortage.
During the 2025 Naturgas Congress, Ecopetrol (NYSE: EC) President Ricardo Roa Barragán announced the detailed roadmap for the company’s Pacific Coast regasification project, which will allow Colombia to import natural gas through a new terminal located in Buga, Valle del Cauca.
More than a year ahead of Colombia’s 2026 presidential elections, political movements are already gaining momentum.
The United States revoked two key licenses that had enabled Trinidad and Tobago to pursue offshore natural gas development projects in partnership with Venezuela, Prime Minister Stuart Young announced.
U.S. President Donald Trump’s latest tariff moves are sending ripples through Latin America’s energy sector, with potential impacts that range from reduced investments to trade disruptions and volatile oil prices.
In the face of a mounting energy crisis, business leaders in Santander are urging the Colombian government to reopen the conversation on expanding the country’s energy sources, specifically, using techniques like hydraulic fracturing, better known as fracking.
Colombia could lose up to CoP$2.5T in fiscal revenue if the current downward trend in global oil prices continues, posing a significant challenge to the government’s efforts to balance its budget in 2025. This financial pressure adds to an already delicate fiscal landscape as the country grapples with slowing growth and a need to restore investor confidence.
The Comptroller General called for urgent reforms in the targeting and management of energy and gas subsidies.
A potential deal to import hydrocarbons from Venezuela sparked alarm in Colombia’s Congress, where lawmakers and trade officials warned it could lead to dire economic consequences, including the loss of thousands of jobs and billions in exports.
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