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Subsidies, including diesel, grow Colombia’s public debt in 2024

The Organization for Economic Cooperation and Development (OECD) released a report analyzing the public debt of its member countries, revealing a 10% increase in overall debt costs for 2024.

Friday, April 4th, 2025
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NG Energy operational update

NG Energy operational update

NG Energy International Corp. (TSXV: GASX) shared updates on its operations and the progress of its transaction with Etablissements Maurel & Prom S.A. (M&P).

Wednesday, April 2nd, 2025
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World-class fuel production

Ecopetrol’s (NYSE: EC) Board of Directors approved funding and development for the “Quality Baseline Line” project, an initiative aimed at ensuring fuel production meets the highest quality standards, ultimately reducing pollutant emissions.

Wednesday, April 2nd, 2025
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Financial risks following Paris Agreement

In 2015, Colombia signed the Paris Agreement, committing to reduce the exploration, production, and consumption of fossil fuels such as coal, natural gas, and oil.

Wednesday, April 2nd, 2025
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Environmental sanctions loom

The Colombian National Environmental Licensing Agency (ANLA) initiated an environmental sanctioning process against Ecopetrol (NYSE: EC) and Frontera Energy (TSE: FEC).

Wednesday, April 2nd, 2025
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Higher gas prices still loom on the horizon

Higher gas prices still loom on the horizon

It rained heavily in much of the country in 1Q25, filling up the reservoirs and lowering the demand for natural gas for thermoelectric generation. But non-thermal demand grew while domestic supply was flat meaning Colombia crept ever close to importing gas for domestic demand on regular basis.

Wednesday, April 2nd, 2025
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