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Acting Director of UPME

Manuel Peña Suárez, an electrical engineer with a master’s degree in economics, has been appointed as the acting director of Colombia’s Mining and Energy Planning Unit (UPME), replacing Carlos Adrián Correa.

Thursday, April 24th, 2025
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Rethinking fiscal policy and subsidies

As Latin America faces a turbulent global economic environment in 2025, its persistent fiscal challenges are pushing the region to reevaluate how public finances are managed.

Thursday, April 24th, 2025
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Higher gas ahead

Higher gas ahead

Despite recent statements by President Gustavo Petro suggesting that natural gas prices should remain low, Ricardo Roa Barragán, President of Ecopetrol (NYSE: EC), delivered a more sobering message.

Wednesday, April 23rd, 2025
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Environmental sanctions loom

Colombia’s National Environmental Licensing Authority (ANLA) launched a formal sanctioning process against Canadian oil companies Canacol Energy (TSX: CNE) and Carrao Energy, citing multiple environmental violations related to their operations in Block Llanos 23, located in San Luis de Palenque, Casanare.

Wednesday, April 23rd, 2025
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Pipeline under attack

Cenit, a subsidiary of Grupo Ecopetrol, activated its Emergency and Contingency Plan (PEC) following a loss of containment on the Coveñas Caño Limón (CCL) oil pipeline.

Wednesday, April 23rd, 2025
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SuperServicios vs Vanti

Colombia’s Superintendence of Public Services (SuperServicios) is collecting evidence to potentially sanction natural gas distributor Vanti over recent tariff hikes.

Wednesday, April 23rd, 2025
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