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.
President Gustavo Petro’s recent directive for Ecopetrol (NYSE: EC) to import gas from Qatar has sparked widespread debate, revealing significant logistical and economic challenges that make this demand unfeasible in the short term.
Colombia’s new Minister of Mines and Energy (MinEnergia), Edwin Palma, is planning several internal changes within the ministry to align with the goals set by both himself and President Gustavo Petro.
The Colombian government continues to push its Works for Taxes program, a key initiative aimed at fostering development in regions affected by poverty and violence.
Ecopetrol (NYSE: EC) has taken a strategic step to strengthen the country’s natural gas supply amid shortages and rising service costs.
President Gustavo Petro announced that Ecopetrol (NYSE: EC) will take charge of gas imports and purchase supplies from Qatar at “reasonable prices” in response to rising energy tariffs in Colombia.
The oil market in 2025 started on a rollercoaster of price fluctuations. In a global scenario marked by uncertainty, factors such as China’s economic slowdown, increased production from non-OPEC+ countries, and new US sanctions on Russia’s energy industry have caused abrupt movements in oil prices.
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