News and AnalysIs for

U.S. President Donald Trump’s latest tariff moves are sending ripples through Latin America’s energy sector, with potential impacts that range from reduced investments to trade disruptions and volatile oil prices.

Colombian President Gustavo Petro delivered a sharp public rebuke to Ecopetrol (NYSE: EC) President Ricardo Roa over the company’s failure to import natural gas—a move the president sees as critical to lowering national energy tariffs.

S&P Global Ratings has downgraded the credit rating of Canacol Energy Ltd. (TSX: CNE), one of Colombia’s leading natural gas producers.

Since Donald Trump became President of the United States on January 20^th, 2025 –really since he was elected in early November, 2024 – global stock markets have been on a magic carpet ride, from the highs of expectations of market-driven policies to the lows of fears of a tariff-war induced global depression. Share prices of oil and gas producers have ridden the same magic carpet, with Colombian companies pulled along by the same forces.

Luz Stella Murgas, president of the Colombian Natural Gas Association (Naturgas), presented a comprehensive proposal to President Gustavo Petro’s administration.

In the face of a mounting energy crisis, business leaders in Santander are urging the Colombian government to reopen the conversation on expanding the country’s energy sources, specifically, using techniques like hydraulic fracturing, better known as fracking.