A growing number of Colombian businesses are being impacted by rising insecurity, according to the latest Joint Industrial Opinion Survey (EOIC) conducted by the National Business Association of Colombia (ANDI).
In 2024, Colombia’s oil and gas industry experienced an alarming escalation in social unrest, with blockades and disruptions surging by 151% compared to the previous year.
Three months ago, we asked our readers if we should continue with our monthly peace essays. Absolutely no one commented and we assumed we should stop. But we do get questions about the security situation, so we thought we’d do a mid-year assessment.
At the IV Sustainability Facts Forum, Frank Pearl, President of the Colombian Petroleum and Gas Association (ACP), highlighted the serious impact that public order issues and violence have had on the development and stability of Colombia’s oil and gas industry.
Rising violence in Colombia is once again threatening the stability of its business environment, reminiscent of the turmoil experienced in the 1990s. Armed conflict, extortion, and infrastructure attacks are putting corporate operations at risk and forcing companies to reassess their presence in key regions of the country.
A wave of violent incidents in the Quifa oil field, located in Puerto Triunfo, Meta, sparked alarm across Colombia’s energy sector.
The Colombian oil and gas industry is sounding the alarm over a sharp escalation in violent attacks targeting critical energy infrastructure.
The Colombian Petroleum and Gas Association (ACP) strongly condemned the violent incidents that occurred yesterday at the Quifa oil field, located in the Puerto Triunfo area of Puerto Gaitán, Meta.
Canacol Energy (TSX: CNE) and its subsidiaries have publicly denounced blockades and acts of vandalism that continue to disrupt the development of their Sucre Norte natural gas project, located in the municipality of San Marcos, Sucre.
In recent months, Colombia’s oil and gas sector faced escalating social unrest and blockades that are severely disrupting operations and threatening the stability of one of the country’s most important industries.
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