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How Falling Investment Is Threatening Colombia's Energy Future

Summary by Oil Price
For over a decade, since production peaked in 2013, Colombia’s economically crucial oil industry has been in decline. This, since controversial leftist President Gustavo Petro took office in August 2022, has only accelerated. Petro, himself a former leftwing guerilla organizer, entered office opposed to Colombia’s hydrocarbon sector with plans to wean the country off its economic addiction to oil and natural gas. While there are signs the Petro …

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President Gustavo Petro responded to the criticisms for his event in Medellín and reaffirmed his position as the highest military authority in the country through a message in his X account. “At this stop of members and commanders of the security forces of Antioquia, say two messages: The only commander of the security forces in Antioquia, is the president of the Republic and we will make an effort to achieve peace in the territory of Medellín a…

The president, Gustavo Petro, filled this Saturday in Medellín. From La Alpujarra, the square where the mayor and the government take place, issued a long speech, about 6 pm, via national television. The concentration in his favor began earlier, in the midst of a tense environment due to the criticisms of Mayor Federico (Fico) Gutiérrez and Governor Andrés Julián Rendón, his iron opponents in the region. Petro was accompanied, on the side of his…

Petro demands a halt to mining in southern Antioquia: it will not support Anglo Gold Ashanti operations. Photo: Anglogold Ashanti Colombia's president, Gustavo Petro, demanded the immediate suspension of mining activity in the southern part of the department of Antioquia, emphasizing the protection of nature reserves and the defense of peasant territory against business interests: a pronouncement that would affect Anglo Gold Ashanti's operations.

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Valora Analitik broke the news in on Sunday, June 22, 2025.
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