Colombia’s business community has voiced alarm over the U.S. government’s decision to decertify the country in its anti-narcotics efforts, warning that the move could erode investor confidence, weaken the peso, and strain bilateral trade ties.
Coviandina, the concessionaire in charge of the Bogotá–Villavicencio highway, announced a contingency plan to address the closure of the key Llanos Road, blocked since last Saturday by massive landslides triggered by heavy rains.
Ecopetrol (NYSE: EC) announced the commercialization of between 12 and 26 Gbtud of natural gas from the Floreña field, located in the Llanos Foothills, for the period 2026–2028.
Colombia risks losing CoP$38T (US$9.5B) and up to 74,000 jobs if the country proceeds on its energy transition without a clear and orderly strategy, according to a new report by the National Federation of Coal Producers (Fenalcarbón) and the Regional Center for Energy Studies (Cree).
Colombia’s oil industry faces a grim outlook in 2025 as production declines, exploration investment hits record lows, and international oil prices remain weak.
Ecopetrol (NYSE: EC) moved to justify its US$42M payment for the Termomorichal I and II power plants after W Radio disclosed internal emails that appeared to question whether the company was obligated to pay at the end of the BOOMT (Build, Own, Operate, Maintain and Transfer) contract.
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