Colombia's New President Revives Fracking Debate to Halt Oil and Gas Decline

Colombia's oil and gas production is declining, and newly inaugurated President Abelardo de la Espriella has placed fracking back on the policy agenda to reverse the trend. The move reignites a contentious domestic debate over hydraulic fracturing, with the outcome uncertain given Colombia's history of opposition. This matters because Colombia's petroleum sector is economically vital, and a policy shift could affect its energy output and fiscal stability.