Colombia’s state-owned oil giant Ecopetrol (NYSE: EC) has begun a new logistics operation from the Port of Cartagena to export solid asphalt, aiming to expand its reach across Latin America.
Promigas released the 26th edition of its flagship Natural Gas Sector Report, offering a detailed snapshot of the challenges, milestones, and opportunities facing Colombia’s gas industry.
With declining domestic gas output and renewed talk of imports from Venezuela, Mónica de Greiff, Chair of Ecopetrol’s (NYSE: EC) Board of Directors, drew a clear red line: U.S. sanctions determine what Colombia’s state oil company can and cannot do.
Amid intensifying debates over Colombia’s energy transition, President Gustavo Petro renewed his call for Ecopetrol (NYSE: EC) to divest its stake in the Permian Basin oil field in Texas, operated jointly with Occidental Petroleum (OXY).
In a sharply critical column, economist Salomón Kalmanovitz warned that the Petro government is “strangling the goose that lays the golden eggs” by imposing heavy taxes on Colombia’s oil sector while simultaneously increasing public spending to historic levels.
Colombia’s trucking sector continues to grapple with an escalating wave of road blockades.
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