Colombia’s exports fell again in July 2025, dragged down by weaker coal and oil sales, according to figures released by the National Administrative Department of Statistics (DANE) and the tax authority DIAN.
The Colombian government ruled out launching new rounds of offshore gas exploration, despite the region’s strategic importance for energy security.
The Gibraltar field, operated by Ecopetrol (NYSE: EC) in Norte de Santander, is facing a critical situation that could diminish the role of one of Colombia’s most strategic assets for national energy security.
Aquiles Mercado, Vice President of Finance and Administration at Promigas, raised a stark warning: Colombia’s energy transition risks becoming a cautionary tale of neglecting existing resources in pursuit of an idealized “green” future.
There is a lot happening in the industry and whenever members get together there is lots to discuss. What do they talk about?
As widely anticipated, Ecopetrol’s offshore Komodo-1 well in the Colombian Caribbean will not be drilled in 2026, despite having regained its environmental license at the end of 2024.
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