In Colombia, every gallon of fuel powering vehicles contains a 10% agro-industrial contribution, ethanol derived from sugarcane or biodiesel made from raw palm oil. This mix, deeply rooted in the country’s agriculture and industry, has become a key component of Colombia’s energy landscape, helping to reduce emissions and create jobs.
Global banking giant Citi has weighed in on the recent downturn in Ecopetrol’s (NYSE: EC) share price and earnings, following the Colombian oil company’s first-quarter results, an ongoing tax dispute with the national tax authority (DIAN), and growing concerns over declining global crude prices.
The Energy and Gas Regulation Commission (CREG) published a new regulatory document that sets out complementary rules for the execution of projects included in the country’s Natural Gas Supply Plan (PAGN).
The Ministry of Mines and Energy (MinEnergia), under the leadership of Minister Edwin Palma, signed the first-ever sector-wide collective agreement with unions representing the country’s mining and energy workers.
Colombia is facing a growing natural gas crisis. For over a decade, the country’s reserves have steadily declined, and warnings about a supply deficit have intensified.
Venezuelan state oil company PDVSA announced its intention to begin transporting natural gas to Colombia through the Transcaribeño Antonio Ricaurte pipeline starting December 1, 2025. However, Colombia’s government, under President Gustavo Petro, has denied any involvement in or coordination with the operation.
On International Workers’ Day, the Colombian government and coal sector unions took a historic step toward a Just Energy Transition by signing a symbolic pact in defense of labor rights and social equality.
President Gustavo Petro has once again stirred controversy by declaring that planning Colombia’s economic well-being based on oil and coal would be “foolish.”
Ecopetrol (NYSE: EC) is facing a staggering financial blow after the National Tax and Customs Directorate (DIAN) formally ordered the company to pay CoP$9.4T (approximately US$2.4B) in back VAT, an amount that has been described internally and by union leaders as a potential threat to the company’s financial stability.
Colombian President Gustavo Petro reiterated his intention for Ecopetrol (NYSE: EC) to acquire Monómeros Colombo Venezolanos, a Venezuelan-owned fertilizer company based in Barranquilla.
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