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Wednesday, March 4th, 2026

Colombian economic think tank ANIF warned that hourly labor costs will surge 34.7% over approximately one year, rising from CoP$7,736 in the first half of 2025 to CoP$10,422 by the second half of 2026.

Recent News

Víctor Paternina Assumes Vice Ministry of Energy

Colombia’s national government announced the appointment of electrical engineer Víctor Paternina as Vice Minister of Energy, bringing over 18 years of energy sector experience. The Sincelejo native, educated at Universidad del Norte with an MBA from Universidad de los Andes, previously served as Energy Director where he structured energy communities and led Colombia Solar public policy definition—key pillars of the just energy transition with territorial and social focus.

Tuesday, March 3rd, 2026
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GeoPark reports 4Q2025 and Full-Year 2025 results

GeoPark reports 4Q2025 and Full-Year 2025 results

GeoPark says it achieved all key 2025 guidance metrics despite materially lower oil prices, while resetting the portfolio, reset positioning the company for scale and growth. The company characterized 2025 as a transition year executing a strategy of “Protecting What We Have, Returning to Growth.”

Monday, March 2nd, 2026
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ACP challenges wealth tax as a threat to investment

Colombia’s petroleum and gas sector voiced strong opposition to the wealth tax imposed under the government’s emergency decrees, warning the measure threatens investment capacity and creates discriminatory tax treatment while failing to account for the industry’s long-term investment cycles.

Monday, March 2nd, 2026
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Canacol obtains Court approval of Sale and Investment Solicitation Process

Canacol announces that the Court of King’s Bench of Alberta (the “Canadian Court”) has approved the Company’s sale and investment solicitation process (“SISP”) authorizing the Company, with the assistance and oversight of the Sale Advisor (as defined below) and KPMG Inc. in its capacity as court-appointed Monitor (the “Monitor”), to implement the SISP in accordance with the approved procedures.

Monday, March 2nd, 2026
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Colombia biofuels crisis: Government policy versus industry survival

Colombia’s biofuels sector confronts sharply divergent narratives between government policy and industry survival, as President Gustavo Petro defends forced investment reforms while the sugarcane sector warns of imminent operational collapse from excessive imports threatening hundreds of thousands of jobs.

Monday, March 2nd, 2026
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Next Sunday’s important vote

Next Sunday, March 8th, Colombians go to the polls for two separate but related purposes. Roughly half will vote in one of three primary elections for the right (excluding the leading candidate), the left (excluding the leading candidate) and the not-so-left. Perhaps the more important votes will be for Senate and Congress although these get less press coverage.

Monday, March 2nd, 2026
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