While writing this past Monday’s article on finding more gas from existing sources, imported gas was always in the background. As domestic production falls and lack of rainfall restricts hydro power generation, imported gas kept, or rather keeps, thermogenerators running and Colombians’ lights on.
Colombian miners are challenging a government decree before the State Council, arguing that the legislation threatens the country’s mining sector.
The Colombian government announced a scheduled rationing of natural gas in the Caribbean region, a temporary measure aimed at ensuring the continuity of electricity supply during maintenance work at a regasification plant.
Colombia’s energy sector spotlighted a pressing issue: a looming gas shortage. However, President Gustavo Petro’s response, where he mistakenly attributed maintenance at the country’s only regasification facility, SPEC LNG, to routine operations at a thermoelectric plant, underscored a disconnect in understanding critical infrastructure and so a crisis management gap.
Despite oil prices being volatile due to unrest in the Middle East, many oil traders remain pessimistic about the market outlook for 2025.
Orlando Velandia, president of Colombia’s National Hydrocarbons Agency (ANH), addressed concerns about the country potentially facing a gas shortage by 2025.
The integration of artificial intelligence (AI), edge computing, and robotics is poised to bring significant advancements to the oil and gas industry.
Amid growing concerns about a potential gas shortage in Colombia, there’s increasing speculation about a rise in household gas tariffs.
For years, Bolivia was seen as a rare socialist success in Latin America, achieving economic growth, low inflation, and reduced poverty. However, the country’s mismanagement of its gas resources provides a cautionary tale.
Colombian Finance Minister (MinHacienda) Ricardo Bonilla appeared before the Senate’s Commission IV to introduce a new tax reform bill, known as the “Financing Law.”