Thursday, May 28th, 2026
Colombia’s oil, gas and mining sector contracted for the ninth consecutive quarter in Q1 2026, but the pace of decline slowed sharply to just 0.1% — the mildest reading in more than two years, according to data published by the national statistics agency DANE and reported by Valora Analitik.
Colombia’s Ministry of Mines and Energy is evaluating a fresh increase in the pump price of gasoline for June 2026, minister Edwin Palma confirmed in public
Colombia’s incoming president will inherit an energy sector caught between two urgent imperatives – accelerating the shift away from fossil fuels while preserving the oil revenues and supply security the country still depends on.
SPEC LNG, the Promigas-owned regasification terminal at Cartagena, has issued a statement disputing a CoP$427 million fine imposed by the Superintendencia de Servicios Públicos Domiciliarios (SuperServicios) over the accuracy of its financial reporting,
Colombia’s fiscal crisis has pushed hydrocarbon policy to the center of the 2026 presidential campaign, forcing every major candidate — regardless of ideology — to grapple with the same uncomfortable arithmetic: the country’s public finances depend heavily on oil revenues, even as the sector faces declining reserves and mounting pressure over energy security.
The oil and gas services industry body Campetrol delivered a bleak April snapshot that captures Colombia’s gas predicament in two simultaneous trends pulling in opposite directions: imports hit a record high while the drilling activity needed to reverse the country’s declining domestic production fell further.
Promigas’s Q1 2026 investor presentation reveals that the SPEC LNG regasification terminal in Cartagena is carrying a larger share of Colombia’s gas system than any previously published figure had indicated — and that the company is moving to expand its capacity before the end of the year.
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