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From cylinders to solar energy: the transformation of Colgas
CO💼 Business9 hr. ago

From cylinders to solar energy: the transformation of Colgas

The article discusses the transformation of Colgas, a leading energy company in Colombia, from a liquefied petroleum gas (LPG) provider to a broader energy solutions firm focused on the country's energy transition. Founded by José Urbina Amorocho in 1960 as Norgas, the company evolved through various mergers and acquisitions, including the acquisition by Chile’s Empresas Copec in 2011. In 2019, operations were consolidated under Colgas, which now operates across multiple regions in Colombia and other Latin American countries under the umbrella of Empresas Copec. The company has expanded into renewable energy, such as solar photovoltaics, and currently holds a 35% market share in Colombia. In 2025, Colgas reported revenues of 1.2 trillion pesos, with increased LPG consumption and over 4,200 vehicle conversions to AutoGLP. However, challenges remain, including reliance on imports, fluctuating international prices, logistical costs, and delayed subsidies from the government.

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Semana logoSemanaIndependentCenter9 hr. ago
From cylinders to solar energy: the transformation of Colgas

The article discusses the transformation of Colgas, a leading energy company in Colombia, from a liquefied petroleum gas (LPG) provider to a broader energy solutions firm focused on the country's energy transition. Founded by José Urbina Amorocho in 1960 as Norgas, the company evolved through various mergers and acquisitions, including the acquisition by Chile’s Empresas Copec in 2011. In 2019, operations were consolidated under Colgas, which now operates across multiple regions in Colombia and other Latin American countries under the umbrella of Empresas Copec. The company has expanded into renewable energy, such as solar photovoltaics, and currently holds a 35% market share in Colombia. In 2025, Colgas reported revenues of 1.2 trillion pesos, with increased LPG consumption and over 4,200 vehicle conversions to AutoGLP. However, challenges remain, including reliance on imports, fluctuating international prices, logistical costs, and delayed subsidies from the government.

Bias read (Center): The article focuses on the business evolution of Colgas, detailing its operational history, market performance, and expansion into renewable energy. It provides factual information about the company's financial figures, market share, and industry challenges without taking a clear ideological stance.

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