In a move aimed at addressing long-standing financial pressures in Colombia’s energy and gas sectors, the Ministry of Mines and Energy (MinEnergia) announced that the Petro administration has fully paid off the debts owed to companies for energy and gas subsidies corresponding to the years 2024 and 2025.
S&P Global Ratings revised the outlook for Colombian oil and gas company Frontera Energy Corp. (TSE: FEC).
The Colombian Association of Propane Commercialization (Agremgas) raised a serious warning about the widespread informality in the distribution of propane across the country. According to the association, this growing issue not only undermines service quality but also poses major risks to user safety, particularly for low-income households that rely heavily on this energy source.
This week’s Analyst’s Desk contribution is from periodic contributor Tomás de la Calle, who brings us the checkered history of Shell’s on-again-off-again relationship with Colombia.
In 2024, Colombia experienced a sharp decline in oil and gas exploration, raising serious concerns about the country’s long-term energy security.
In a groundbreaking development, researchers at Colombia’s Universidad de Los Andes have unveiled Living Fabric, a biodegradable textile designed to clean up oil spills caused by frequent attacks on the country’s oil pipeline infrastructure.
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