Ecopetrol (NYSE: EC) announced the commercialization of between 12 and 26 Gbtud of natural gas from the Floreña field, located in the Llanos Foothills, for the period 2026–2028.
Colombia risks losing CoP$38T (US$9.5B) and up to 74,000 jobs if the country proceeds on its energy transition without a clear and orderly strategy, according to a new report by the National Federation of Coal Producers (Fenalcarbón) and the Regional Center for Energy Studies (Cree).
Colombia’s oil industry faces a grim outlook in 2025 as production declines, exploration investment hits record lows, and international oil prices remain weak.
Ecopetrol (NYSE: EC) moved to justify its US$42M payment for the Termomorichal I and II power plants after W Radio disclosed internal emails that appeared to question whether the company was obligated to pay at the end of the BOOMT (Build, Own, Operate, Maintain and Transfer) contract.
Colombia continues to grapple with the economic toll of recurring roadblocks.
President Gustavo Petro’s government introduced its third tax reform, once again tightening fiscal pressure on Colombia’s oil and coal producers.
2025, Hydrocarbons Colombia, All Rights Reserved.
