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Fuel-reward partnership

Primax Colombia, one of the country’s leading fuel distributors, announced a new strategic alliance with McDonald’s to reward Colombian consumers with fuel savings through an innovative campaign titled “El Match Perfecto.”

Wednesday, July 2nd, 2025
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Rising gas deficit

Rising gas deficit

Colombia’s natural gas supply is facing a growing crisis, with a projected shortfall of 20% by 2026, according to the Gas Market Operator (GMO) under the Bolsa Mercantil de Colombia.

Wednesday, July 2nd, 2025
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Colombia to import gas until 2034

At the 27th Congress of the National Association of Public Utility and Communication Companies (Andesco), Ecopetrol President (NYSE: EC) Ricardo Roa announced that Colombia will need to import natural gas to meet domestic demand until at least 2034. The decision comes in response to declining production, the lack of new exploration and production contracts, and an overall loss of energy self-sufficiency.

Wednesday, July 2nd, 2025
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Roa dismisses resignation rumors

Despite swirling speculation in recent weeks about his potential departure, Ricardo Roa, President of Ecopetrol (NYSE: EC), firmly denied any plans to resign from his position at the helm of Colombia’s largest state-owned company.

Wednesday, July 2nd, 2025
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S&P downgrades Ecopetrol’s rating

S&P Global Ratings has downgraded Ecopetrol’s credit rating from ‘BB+’ to ‘BB’, citing increased exposure to Colombia’s sovereign credit deterioration.

Wednesday, July 2nd, 2025
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Insecurity hits more businesses

Insecurity hits more businesses

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).

Monday, June 30th, 2025
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