Frank Pearl, President of the Colombian Oil and Gas Association (ACP), called for strengthening and expanding the Work for Taxes mechanism, arguing that while the tool has delivered tangible results in conflict-affected regions, it remains underutilized and far below its potential.
Colombia’s Ministry of Mines and Energy (MinEnergia), led by Minister Edwin Palma, launched the public call for the Production Incentive 2025.
…but we think about them anyway.
Colombia’s economy grew 2.1% in the second quarter of 2025, but the mining and oil sectors dragged heavily on overall performance with steep declines.
Martha Villarreal Pava, President of the Board of Directors at the Colombian Association of Petroleum Engineers (Acipet), called for a pragmatic approach to the nation’s energy debate, stressing that “without hydrocarbons, there is no possible energy transition.”
Ecopetrol (NYSE: EC) has once again contradicted President Gustavo Petro’s claims that the government’s massive fuel subsidy bill is responsible for Colombia’s fiscal deficit.
In an increasingly uncertain global energy landscape, South America is emerging as the hottest frontier for oil exploration and production.
Despite ongoing local and global uncertainty, Colombia’s economy continues to show encouraging signs of recovery.
During the meeting of energy ministers of the Community of Latin American and Caribbean States (CELAC), Colombian President Gustavo Petro urged the Wayúu communities to halt attempts by Glencore, Cerrejón, and Drummond to export coal to Israel.
During his visit to Monómeros’ headquarters to review the company’s financial statements, infrastructure, and the working conditions of its 522 direct employees and nearly 1,200 indirect workers, Colombia’s Minister of Mines and Energy (MinEnergia), Edwin Palma, praised the company’s resilience and strong performance despite the significant challenges it faces.
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