The Amazon presidential summit in Bogotá closed with partial agreements but without the headline demand from Indigenous communities, scientists, and civil society: a ban on fossil fuel extraction in the rainforest.
The Colombian government unveiled a draft resolution aimed at ensuring natural gas supply during the scheduled maintenance of Cartagena’s regasification plant, SPEC LNG, set for October 10–14, 2025.
Propane is gaining prominence in Colombia as the country grapples with declining natural gas reserves.
The future of Colombia’s hydrocarbon sector hinges on addressing falling reserves and accelerating the development of both conventional and unconventional resources, according to Óscar Ferney Rincón, Director of the Colombian Association of Petroleum Engineers (Acipet).
In a sharply worded opinion piece, Aquiles Mercado, Vice President of Finance and Administration, warned that Colombia may be falling into what he calls “Energy hubris”, an arrogance that could cost the country its energy sovereignty.
Shell (LON: RDSB) has officially begun its withdrawal from Colombia’s hydrocarbon exploration sector, transferring its participation in three offshore contracts to Ecopetrol (NYSE: EC).
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