The Colombian House of Representatives has approved the General Royalty Budget for 2025-2026.
Authorities in Colombia have successfully dismantled a criminal organization, known as Bodegas, responsible for stealing massive quantities of fuel from the pipelines of Cenit, a subsidiary of Ecopetrol (NYSE: EC).
Colombia has taken a significant step towards sustainable aviation with the production of its first batch of synthetic aviation fuel (SAF) at the Cartagena refinery.
For the first time in 45 years, imported natural gas will be used in Colombia to meet domestic demand across households, vehicles, and commercial sectors. This historic shift highlights growing concerns about the country’s ability to sustain its energy needs through local production.
During his address at the Infrastructure Congress in Cartagena, Colombian President Gustavo Petro highlighted a significant transition in the nation’s economic model, moving away from its long-standing dependence on oil and coal.
Statistically we do not have the final numbers. We do not even have the November numbers. And although we should be getting to the government quiet period for year-end holidays, anything could still happen. But we have a tradition of a “year-end wrap up” before the holidays so we can do our “Fearless Forecasts” in early January.
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