News and AnalysIs for

With fewer than two weeks left in his administration, President Gustavo Petro declared a national disaster for El Niño on July 23 and routed CoP$8T through the National Disaster Risk Management Unit (UNGRD).

The Comisión de Regulación de Energía y Gas (CREG) has named economist Adriana Jiménez Delgado as executive director for a 12-month term, formalized under Resolution CREG 105 015 of 2026.

Higher oil prices and solid operational performance will not automatically translate into stronger credit quality for Latin America’s state-owned oil companies, according to a Moody’s report.

According to persons close to president-elect Abelardo de la Espriella, Valora Analitik reported on July 25, Joaquín Gutiérrez Caballero is the leading candidate to assume the presidency of Ecopetrol.

Naturgas president Luz Stella Murgas publicly rejected statements made by Colgas’s chief executive – who had told media that natural gas prices would increase – describing the claims as “imprecise and without technical basis” that create unnecessary confusion and misinform users.

Ecopetrol and Petrobras marked a milestone in their pre-production social commitments for the Sirius offshore project on July 23, formally delivering piped natural gas connections to 1,500 families in Riohacha, Manaure, and Dibulla, alongside 1,500 new stoves distributed free of charge to guarantee immediate use of the service.