Monday, October 19th, 2026
Last week, Colombian President Abelardo de la Espriella signed Directive 06, by which his government hopes to expedite the prior consultation process especially for high-priority energy projects like Sirius. Here we go deeper into the detail. Somehow, this all sounds terribly familiar.
Citi has kept Ecopetrol at Neutral with an unchanged US$18 per ADR target, calling the appointment of Joaquín Gutiérrez as president a missed chance to signal independent governance.
Colombia now imports more liquefied petroleum gas (LPG) than it produces, as industrial users switch away from scarce natural gas and domestic output declines.
Chile has no significant domestic gas production, yet its supply does not hinge on a floating regasification unit (FSRU), a contrast that shows how exposed Colombian industry is, argues Patricio Mura Escobar, general manager of Grupo GasPaís.
Luis Felipe Henao, an independent member of Ecopetrol’s board, has filed a complaint for aggravated insult and slander against Alberto Vergara Monterrosa, the company’s former compliance chief.
The mining and energy sector’s share of Colombia’s corporate income tax fell from 36.2% in 2012 to 6.3% in 2025, according to figures presented at an ANIF–CREE seminar titled “Energy to return to growth.”
Imported gas supplied 39% of Colombia’s natural gas in September, and with a very strong El Niño looming, industrial users are looking for alternatives to secure their energy.
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