Reficar, the Cartagena Refinery, launched a risk mitigation plan addressing potential power disruptions in response to recent faults identified in its SE01 substation.
Ecopetrol (NYSE: EC) recently announced a US$512M investment in Huila to expand oil and gas production.
Colombian miners are challenging a government decree before the State Council, arguing that the legislation threatens the country’s mining sector.
Oil production in Colombia remains crucial to the national economy, especially given looming energy shortages, natural gas deficits, and a government stance against new hydrocarbon exploration contracts.
The Colombian government announced a scheduled rationing of natural gas in the Caribbean region, a temporary measure aimed at ensuring the continuity of electricity supply during maintenance work at a regasification plant.
Colombia’s energy sector spotlighted a pressing issue: a looming gas shortage. However, President Gustavo Petro’s response, where he mistakenly attributed maintenance at the country’s only regasification facility, SPEC LNG, to routine operations at a thermoelectric plant, underscored a disconnect in understanding critical infrastructure and so a crisis management gap.
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