Colombia’s Minister of Mines and Energy (MinEergia), Omar Andrés Camacho, sparked controversy by dismissing fracking projections in the country as mere “astrology.”
Millions of Colombian households were met with an unwelcome surprise in February as natural gas prices soared, with increases reaching up to 36% in several major cities, including Bogotá, Medellín, and Bucaramanga.
Grupo Energía Bogotá (GEB) and its subsidiary, Transportadora de Gas Internacional (TGI), have been recognized in the Sustainability Yearbook 2025 by S&P Global for their outstanding performance in environmental, social, economic, and governance management.
In a recent report, BTG Pactual analyzed the extension of the agreement between Colombian oil company Ecopetrol and Occidental Petroleum (NYSE: OXY) to continue hydrocarbon production in the Permian Basin (Texas, U.S.), where fracking is utilized.
Amid ongoing concerns over natural gas availability and rising prices in Colombia, speculation arose regarding a possible intervention of Vanti by the Superintendency of Industry and Commerce (SIC).
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