IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL5.09▲ 0.62% USD/MXN17.51▲ 0.71% USD/CLP948.34▲ 1.36% USD/COP3,221▼ 0.21% USD/PEN3.41▲ 0.23% USD/ARS1,489▲ 0.43% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 0.26% BRENT 87.17 ▼ 7.33% WTI 92.30 ▲ 6.30% IRON ORE 161.91 — — COPPER 6.34 ▼ 1.71% GOLD 4,052 ▼ 2.28% SILVER 57.79 ▼ 3.71% SOY 1,243 ▲ 0.81% CORN 485.25 ▲ 5.03% WHEAT 699.75 ▼ 0.85% COFFEE 308.85 ▼ 2.46% SUGAR 14.68 ▼ 0.41% ORANGE JUICE 147.15 ▼ 2.10% COTTON 81.53 ▲ 2.08% COCOA 5,241 ▼ 1.63% BEEF 220.80 ▼ 1.08% CATTLE 338.65 ▼ 0.74% LITHIUM 68.80 ▼ 0.29% PETR4 43.32 ▲ 1.74% VALE3 75.96 ▲ 1.15% ITUB4 42.41 ▼ 1.14% BBDC4 18.70 ▼ 1.42% ABEV3 15.89 ▼ 1.49% BBAS3 20.90 ▼ 0.90% B3SA3 15.67 ▼ 1.45% WEGE3 44.90 ▼ 3.94% PRIO3 61.14 ▲ 2.29% SUZB3 42.21 ▼ 1.05% RENT3 36.53 ▼ 1.64% AZZA3 17.52 ▼ 1.63% CSAN3 3.90 ▼ 0.51% RAIZ4 0.28 ▲ 3.70% PCAR3 2.78 ▲ 1.09% GMAT3 3.88 ▼ 0.77% PSSA3 55.05 ▼ 0.72% CVCB3 1.25 ▼ 1.57% POSI3 3.67 ▼ 0.81% SLCE3 13.92 ▼ 0.29% NATU3 8.63 ▼ 0.58% BRKM5 6.17 ▲ 1.65% RANI3 7.98 ▼ 0.25% CSNA3 5.40 ▲ 0.37% CMIN3 5.71 ▼ 2.23% USIM5 8.62 ▼ 0.35% GGBR4 24.09 ▲ 0.12% ENEV3 25.54 ▼ 1.66% CPFE3 46.32 ▼ 0.83% CMIG4 11.16 ▼ 0.45% EQTL3 38.74 ▼ 1.55% LREN3 13.34 ▼ 1.48% VIVT3 34.71 ▼ 1.89% RAIL3 13.83 ▲ 1.39% KLABIN 17.61 ▼ 1.78% RAIA DROGASIL 18.35 ▲ 0.33% RDOR3 33.82 ▼ 1.94% HAPV3 10.91 ▼ 4.21% FLRY3 16.61 ▼ 0.24% SMTO3 16.08 ▲ 0.19% UGPA3 32.99 ▲ 0.49% VBBR3 35.10 ▲ 0.34% BBSE3 42.44 ▼ 0.33% BPAC11 56.12 ▼ 1.58% CURY3 29.56 ▼ 2.12% AERI3 2.07 ▲ 0.98% VIVARA 21.49 ▼ 0.28% COMPASS 24.83 ▲ 0.08% VAMOS 3.16 ▼ 2.17% SANB11 26.68 ▼ 1.00% ASAI3 8.13 ▼ 3.21% SBSP3 28.72 ▼ 1.95% WALMEX 47.37 ▼ 2.63% GMEXICO 209.62 ▼ 2.51% FEMSA 224.81 ▼ 1.29% CEMEX 21.61 ▼ 2.53% GFNORTE 191.45 ▼ 0.09% BIMBO 60.07 ▼ 0.38% TELEVISA 9.77 ▼ 0.51% AMX 22.70 ▲ 0.04% GAP 378.00 ▲ 0.34% ASUR 269.74 ▼ 1.39% OMA 227.52 ▼ 0.52% KOF 180.85 ▼ 0.99% GRUMA 277.00 ▼ 1.23% KIMBER 38.86 ▲ 0.10% SQM-B 66,315 ▲ 1.94% COPEC 6,447 ▼ 1.57% BSANTANDER 80.26 ▲ 0.51% FALABELLA 6,034 ▼ 0.13% ENELAM 84.57 ▲ 0.05% CENCOSUD 1,995 ▼ 0.74% CMPC 1,078 ▲ 0.76% BANCO CHILE 193.81 ▲ 0.16% LATAM AIR 23.61 ▼ 1.99% YPF 83,200 ▲ 0.85% GGAL 8,075 ▼ 2.42% PAMPA 5,590 ▼ 0.62% TXAR 668.00 — 0.00% ALUAR 977.50 ▲ 0.36% TGS 10,020 ▲ 1.16% CEPU 2,397 ▼ 0.58% MIRGOR 16,625 ▼ 1.77% COME 42.71 ▼ 1.00% LOMA NEGRA 3,730 ▼ 2.10% BYMA 291.25 ▼ 1.44% TELECOM ARG 4,213 ▼ 4.69% ECOPETROL 16.77 ▲ 0.48% BANCOLOMBIA 85.48 ▲ 0.96% GRUPO AVAL 4.90 ▼ 2.78% CREDICORP 389.89 ▼ 0.96% SOUTHERN COPPER 183.46 ▼ 6.15% BUENAVENTURA 31.01 ▼ 3.37% MERCADOLIBRE 1,773 ▼ 1.48% NUBANK 14.22 ▼ 2.03% XP 17.07 ▼ 1.36% PAGSEGURO 9.40 ▼ 2.78% STONE 10.98 ▼ 3.35% GLOBANT 30.08 ▼ 1.92% TECNOGLASS 44.20 ▼ 2.26% GAP AIRPORT 216.12 ▼ 0.65% ASUR 269.74 ▼ 1.39% OMA AIRPORT 104.05 ▼ 1.23% AMX ADR 25.88 ▼ 0.92% FEMSA ADR 128.38 ▼ 1.94% CEMEX ADR 12.31 ▼ 3.26% PETROBRAS ADR 19.25 ▲ 1.88% VALE ADR 14.95 ▲ 0.67% ITAU ADR 8.34 ▼ 1.71% SANTANDER BR 5.35 ▼ 1.93% AMBEV ADR 3.10 ▼ 1.43% CSN 1.09 ▼ 0.46% GERDAU 4.75 ▼ 0.42% LATAM ADR 49.59 ▼ 3.26% BTC 64,920 ▼ 1.79% ETH 1,894 ▼ 2.03% SOL 76.34 ▼ 2.01% XRP 1.11 ▼ 2.55% BNB 566.76 ▼ 0.70% ADA 0.17 ▼ 2.24% DOGE 0.07 ▼ 4.44% AVAX 6.44 ▼ 2.68% LINK 8.49 ▼ 1.56% DOT 0.81 ▼ 2.42% LTC 46.37 ▼ 1.49% BCH 214.11 ▼ 2.66% TRX 0.33 ▼ 0.70% XLM 0.18 ▼ 2.25% HBAR 0.07 ▼ 0.55% NEAR 1.88 ▲ 0.54% ATOM 1.44 ▼ 1.88% AAVE 95.86 ▼ 1.54% SELIC 14.25% EMBRAER 82.98 ▼ 0.97% EMBRAER ADR 65.16 ▼ 1.35% JBS 12.05 ▼ 1.67% JBS BDR 61.33 ▼ 0.76% MBRF3 16.06 ▲ 0.19% MBRFY 3.14 ▼ 1.57% INTER 5.48 ▼ 3.78% EGX 53,932 ▼ 0.11% USD/ZAR16.75▲ 2.20% USD/NGN1,366▼ 0.48% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.83▲ 0.42% USD/CNY6.77▼ 0.10% DAX 24,750 ▼ 1.61% CAC 8,296 ▼ 1.68% FTSE 10,636 ▼ 0.76% MIB 51,406 ▼ 2.63% IBEX 19,259 ▼ 1.59% STOXX 639.23 ▼ 1.19% EUR/USD1.14▼ 0.32% GBP/USD1.33▼ 0.53% SPX 7,383 ▼ 1.55% DJI 51,594 ▼ 1.20% NDX 28,310 ▼ 2.37% RUT 2,931 ▼ 0.99% TSX 35,103 ▼ 1.08% VIX 19.88 ▲ 19.47% USD/CAD1.41▲ 0.02% US10Y 4.7070 ▲ 1.07% IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL 5.09 ▲ 0.62% USD/MXN 17.51 ▲ 0.71% USD/CLP 948.34 ▲ 1.36% USD/COP 3,221 ▼ 0.21% USD/PEN 3.41 ▲ 0.23% USD/ARS 1,489 ▲ 0.43% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.48% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 0.26% BRENT 87.17 ▼ 7.33% WTI 92.30 ▲ 6.30% IRON ORE 161.91 — — COPPER 6.34 ▼ 1.71% GOLD 4,052 ▼ 2.28% SILVER 57.79 ▼ 3.71% SOY 1,243 ▲ 0.81% CORN 485.25 ▲ 5.03% WHEAT 699.75 ▼ 0.85% COFFEE 308.85 ▼ 2.46% SUGAR 14.68 ▼ 0.41% ORANGE JUICE 147.15 ▼ 2.10% COTTON 81.53 ▲ 2.08% COCOA 5,241 ▼ 1.63% BEEF 220.80 ▼ 1.08% CATTLE 338.65 ▼ 0.74% LITHIUM 68.80 ▼ 0.29% PETR4 43.32 ▲ 1.74% VALE3 75.96 ▲ 1.15% ITUB4 42.41 ▼ 1.14% BBDC4 18.70 ▼ 1.42% ABEV3 15.89 ▼ 1.49% BBAS3 20.90 ▼ 0.90% B3SA3 15.67 ▼ 1.45% WEGE3 44.90 ▼ 3.94% PRIO3 61.14 ▲ 2.29% SUZB3 42.21 ▼ 1.05% RENT3 36.53 ▼ 1.64% AZZA3 17.52 ▼ 1.63% CSAN3 3.90 ▼ 0.51% RAIZ4 0.28 ▲ 3.70% PCAR3 2.78 ▲ 1.09% GMAT3 3.88 ▼ 0.77% PSSA3 55.05 ▼ 0.72% CVCB3 1.25 ▼ 1.57% POSI3 3.67 ▼ 0.81% SLCE3 13.92 ▼ 0.29% NATU3 8.63 ▼ 0.58% BRKM5 6.17 ▲ 1.65% RANI3 7.98 ▼ 0.25% CSNA3 5.40 ▲ 0.37% CMIN3 5.71 ▼ 2.23% USIM5 8.62 ▼ 0.35% GGBR4 24.09 ▲ 0.12% ENEV3 25.54 ▼ 1.66% CPFE3 46.32 ▼ 0.83% CMIG4 11.16 ▼ 0.45% EQTL3 38.74 ▼ 1.55% LREN3 13.34 ▼ 1.48% VIVT3 34.71 ▼ 1.89% RAIL3 13.83 ▲ 1.39% KLABIN 17.61 ▼ 1.78% RAIA DROGASIL 18.35 ▲ 0.33% RDOR3 33.82 ▼ 1.94% HAPV3 10.91 ▼ 4.21% FLRY3 16.61 ▼ 0.24% SMTO3 16.08 ▲ 0.19% UGPA3 32.99 ▲ 0.49% VBBR3 35.10 ▲ 0.34% BBSE3 42.44 ▼ 0.33% BPAC11 56.12 ▼ 1.58% CURY3 29.56 ▼ 2.12% AERI3 2.07 ▲ 0.98% VIVARA 21.49 ▼ 0.28% COMPASS 24.83 ▲ 0.08% VAMOS 3.16 ▼ 2.17% SANB11 26.68 ▼ 1.00% ASAI3 8.13 ▼ 3.21% SBSP3 28.72 ▼ 1.95% WALMEX 47.37 ▼ 2.63% GMEXICO 209.62 ▼ 2.51% FEMSA 224.81 ▼ 1.29% CEMEX 21.61 ▼ 2.53% GFNORTE 191.45 ▼ 0.09% BIMBO 60.07 ▼ 0.38% TELEVISA 9.77 ▼ 0.51% AMX 22.70 ▲ 0.04% GAP 378.00 ▲ 0.34% ASUR 269.74 ▼ 1.39% OMA 227.52 ▼ 0.52% KOF 180.85 ▼ 0.99% GRUMA 277.00 ▼ 1.23% KIMBER 38.86 ▲ 0.10% SQM-B 66,315 ▲ 1.94% COPEC 6,447 ▼ 1.57% BSANTANDER 80.26 ▲ 0.51% FALABELLA 6,034 ▼ 0.13% ENELAM 84.57 ▲ 0.05% CENCOSUD 1,995 ▼ 0.74% CMPC 1,078 ▲ 0.76% BANCO CHILE 193.81 ▲ 0.16% LATAM AIR 23.61 ▼ 1.99% YPF 83,200 ▲ 0.85% GGAL 8,075 ▼ 2.42% PAMPA 5,590 ▼ 0.62% TXAR 668.00 — 0.00% ALUAR 977.50 ▲ 0.36% TGS 10,020 ▲ 1.16% CEPU 2,397 ▼ 0.58% MIRGOR 16,625 ▼ 1.77% COME 42.71 ▼ 1.00% LOMA NEGRA 3,730 ▼ 2.10% BYMA 291.25 ▼ 1.44% TELECOM ARG 4,213 ▼ 4.69% ECOPETROL 16.77 ▲ 0.48% BANCOLOMBIA 85.48 ▲ 0.96% GRUPO AVAL 4.90 ▼ 2.78% CREDICORP 389.89 ▼ 0.96% SOUTHERN COPPER 183.46 ▼ 6.15% BUENAVENTURA 31.01 ▼ 3.37% MERCADOLIBRE 1,773 ▼ 1.48% NUBANK 14.22 ▼ 2.03% XP 17.07 ▼ 1.36% PAGSEGURO 9.40 ▼ 2.78% STONE 10.98 ▼ 3.35% GLOBANT 30.08 ▼ 1.92% TECNOGLASS 44.20 ▼ 2.26% GAP AIRPORT 216.12 ▼ 0.65% ASUR 269.74 ▼ 1.39% OMA AIRPORT 104.05 ▼ 1.23% AMX ADR 25.88 ▼ 0.92% FEMSA ADR 128.38 ▼ 1.94% CEMEX ADR 12.31 ▼ 3.26% PETROBRAS ADR 19.25 ▲ 1.88% VALE ADR 14.95 ▲ 0.67% ITAU ADR 8.34 ▼ 1.71% SANTANDER BR 5.35 ▼ 1.93% AMBEV ADR 3.10 ▼ 1.43% CSN 1.09 ▼ 0.46% GERDAU 4.75 ▼ 0.42% LATAM ADR 49.59 ▼ 3.26% BTC 64,920 ▼ 1.79% ETH 1,894 ▼ 2.03% SOL 76.34 ▼ 2.01% XRP 1.11 ▼ 2.55% BNB 566.76 ▼ 0.70% ADA 0.17 ▼ 2.24% DOGE 0.07 ▼ 4.44% AVAX 6.44 ▼ 2.68% LINK 8.49 ▼ 1.56% DOT 0.81 ▼ 2.42% LTC 46.37 ▼ 1.49% BCH 214.11 ▼ 2.66% TRX 0.33 ▼ 0.70% XLM 0.18 ▼ 2.25% HBAR 0.07 ▼ 0.55% NEAR 1.88 ▲ 0.54% ATOM 1.44 ▼ 1.88% AAVE 95.86 ▼ 1.54% SELIC 14.25% EMBRAER 82.98 ▼ 0.97% EMBRAER ADR 65.16 ▼ 1.35% JBS 12.05 ▼ 1.67% JBS BDR 61.33 ▼ 0.76% MBRF3 16.06 ▲ 0.19% MBRFY 3.14 ▼ 1.57% INTER 5.48 ▼ 3.78% EGX 53,932 ▼ 0.11% USD/ZAR 16.80 ▲ 2.38% USD/NGN 1,366 ▼ 0.27% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.87 ▲ 0.48% USD/CNY 6.7646 ▲ 0.01% DAX 24,750 ▼ 1.61% CAC 8,296 ▼ 1.68% FTSE 10,636 ▼ 0.76% MIB 51,406 ▼ 2.63% IBEX 19,259 ▼ 1.59% STOXX 639.23 ▼ 1.19% EUR/USD 1.1377 ▼ 0.28% GBP/USD 1.3311 ▼ 0.49% SPX 7,383 ▼ 1.55% DJI 51,594 ▼ 1.20% NDX 28,310 ▼ 2.37% RUT 2,931 ▼ 0.99% TSX 35,103 ▼ 1.08% VIX 19.88 ▲ 19.47% USD/CAD 1.4093 ▲ 0.08% US10Y 4.7070 ▲ 1.07%
since 2009
Thursday, July 23, 2026

Latin America Colombia

Colombia Edges Back Toward Fracking as a 2025 Gas Crunch Tests Its Green Ambitions

By · October 16, 2025 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Colombia promised to lead on climate. Then 2025 delivered a hard lesson in energy math. Domestic gas ran tight just as the country’s only LNG import terminal in Cartagena suffered an outage.

To avoid rationing factories, state oil firm Ecopetrol cut what it burns itself and pushed extra gas into the market. For households and industry, it was a glimpse of what scarcity looks like: higher prices, fragile supply, little room for error.

That shock reopened a fight the government thought it had settled. President Gustavo Petro halted two fracking pilots and championed a fossil-fuel “non-proliferation” push.

Yet there is still no nationwide legal ban. Bills to prohibit fracking have been introduced and reintroduced; courts suspended specific pilot permits; one international partner walked away.

Meanwhile, proven gas reserves are measured in single-digit years, offshore finds have not delivered volumes at scale, and many onshore fields are aging.

Colombia Edges Back Toward Fracking as a 2025 Gas Crunch Tests Its Green Ambitions. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

The politics have shifted from slogans to trade-offs. Some national figures who once rejected fracking now say Colombia should at least test it under strict water and seismic rules.

Parts of the oil workers’ union agree, arguing that doing nothing simply imports more expensive gas. In places like Puerto Wilches—the heart of the proposed pilots—mayors talk up jobs and tax revenue, while local activists warn about aquifers, fisheries, and social conflict.

Both sides are real; both live with the consequences. The story behind the story is regional and financial. Argentina’s shale boom is minting new output and export plans.

Brazil is pushing into frontier offshore basins. Guyana keeps scaling up. Investors see those trajectories when deciding where to place capital. At home, oil, gas, and coal still anchor exports and the budget; a messy transition risks the peso and growth.

In simple terms: Colombia needs dependable gas while it builds more renewables. The immediate choice is not “planet or profits,” but whether to secure supply with more LNG and conventional drilling—or to run tightly monitored fracking pilots to learn what’s in the rock.

Either path demands clear oversight, credible community benefits, and honesty about costs. The country’s climate credibility will hinge on how, not whether, it balances those realities.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.