Colombia’s liquefied petroleum gas (propane) industry is facing a severe crisis as companies warn they may be forced to halt operations due to the government’s failure to pay outstanding subsidies.
The government announced a significant increase in environmental royalty investments.
As of December 2024, Argentina has overtaken Colombia in oil production, according to official figures.
The development of one of Colombia’s most significant gas discoveries, Sirius-2, is progressing steadily with growing support from local communities.
The Colombian business association ANDI voiced strong opposition to an inspection conducted by the Superintendence of Industry and Commerce (SIC) at the offices of Naturgas.
Ecopetrol (NYSE: EC) assured the public that the electrical failure that occurred at the Cartagena Refinery (Reficar) on February 14 has been successfully identified and corrected.