Tuesday, March 17th, 2026
A high-level Colombian delegation traveled to the Palacio de Miraflores in Caracas on March 14 after a planned border summit between President Gustavo Petro and Venezuelan acting president Delcy Rodríguez was cancelled for force majeure.
SierraCol Energy delivered a 109% 2P reserves replacement ratio in 2025 – marking its ninth consecutive year exceeding 100% – while navigating temporary production restrictions. and completing a change in ownership.
President Gustavo Petro’s administration is defending the continued tenure of Ricardo Roa and Jorge Carrillo at two of Colombia’s most strategically important state enterprises despite escalating legal controversies surrounding both officials.
Latin American refineries are adapting existing infrastructure to produce renewable fuels rather than constructing new facilities, with Colombia positioning itself to enter the emerging biofuels market through pilot programs and planned capacity expansion in Barrancabermeja.
The primaries are over and the deadline has passed for joining the ballot. We know who will be in the running and who their running mates will be. And we can update our senate chart although we still have nothing official.
Colombia stands to gain financially from rising oil prices driven by the Middle East conflict, as higher crude values would positively impact public finances through increased revenue from state oil company Ecopetrol.
Ecopetrol is exploring two additional strategic business opportunities in Venezuela beyond natural gas imports following the changed political landscape after Nicolás Maduro’s capture by the United States.
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