The Colombian Federation of Freight Transport Entrepreneurs (Fedetranscarga) raised alarms over Ecopetrol’s recent decision to temporarily halt the sale of vehicular natural gas to 13 distribution companies amid the ongoing energy crisis caused by severe drought.
Frank Pearl, president of the Colombian Oil and Gas Association (ACP), stands on the front lines of the industry’s relationship with the fervently anti-oil government of President Gustavo Petro. Pearl had just passed his one-year anniversary and Petro his second, so recently, I dropped by the ACP’s offices for a visit. I asked Frank where he saw the industry and where the association was going.
The Ministry of Mines and Energy (MinEnergia) announced preventive measures to secure the country’s energy supply, particularly in hydrocarbons, as the country faces increasing challenges.
Over one million low-income households in Colombia’s most vulnerable regions are at risk of losing their access to affordable propane. These families, primarily from socioeconomic strata 1 and 2, rely on propane subsidies to meet their energy needs.
The government released a draft decree aimed at modifying existing regulations under Decree 1073 of 2015.
For years, oil has been one of the cornerstones of Colombia’s economy, playing a significant role in key indicators like exports, Gross Domestic Product (GDP), foreign investment, and job creation.
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