Colombia Moves to Reverse Fracking Ban, Eyes $4 Billion in New Oil… | HappeningNow.news

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Colombia Moves to Reverse Fracking Ban, Eyes $4 Billion in New Oil Investment

A regime change in Colombia’s federal government is poised to usher in an oil and gas renaissance in the South American nation.

Source Summary Published September 6, 2026 Brief Under 1 min brief
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Summary

A regime change in Colombia’s federal government is poised to usher in an oil and gas renaissance in the South American nation. After a four-year ban on oil and gas exploration under the previous leftist president Gustavo Petro, a new right-wing administration is eager to open the country’s oil and gas reserves up to foreign investors.

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