Chilean multinational Cencosud, owner of retail franchises such as Jumbo, officially exited the fuel retail market in Colombia by selling its gas station business to Distracom, a local company specializing in fuel commercialization.
At the 2025 Gas Forum hosted by the Colombian Mercantile Exchange, Julián Flórez, president of the National Gas Operation Council (CON-Gas) and Director of Hydrocarbons at the Ministry of Mines and Energy (MinEnergia), placed responsibility for Colombia’s current gas supply issues on past administrations, citing a decade of inaction and poor planning.
Ecopetrol (NYSE: EC) announced significant changes within its executive leadership team, following decisions made during its latest Board of Directors meeting.
The shareholders of Primax Colombia approved a resolution authorizing the company’s Board of Directors and legal representatives to issue or approve potential guarantees for obligations undertaken by Global Monastir, up to a maximum amount of US$250M.
The Petro administration launched a sweeping initiative to tighten technical oversight and enforce labor standards across Colombia’s retail fuel stations.
The Colombian Chamber of Goods and Services (Campetrol) reported rig information for June 2025.
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