News and AnalysIs for

Ecopetrol opened 2026 with a quarter that told two stories simultaneously: a seventh consecutive period of falling net income, and an EBITDA margin that matched the company’s best-ever historical quarters.

With Colombia’s FDI down 16% in 2025 to US$11.5B — and 33% over four years — the May 31 first-round election has intensified scrutiny of what each leading candidate would actually mean for foreign investment.

Arrow Exploration Corp. delivered a mixed full-year 2025, growing output while absorbing the dual hit of weaker crude prices and a significant asset impairment.

A dispute between two Colombian fuel distributors has drawn formal complaints to both the Fiscalía and the Ministry of Mines, reopening questions surrounding the Ocean Mariner — the Liberian-flagged vessel intercepted by the U.S. Navy in February after diverting from its declared destination in the Dominican Republic toward Cuba, carrying a cargo valued at US$6.9M.

Colombia has undergone a dramatic and largely unremarked structural shift in its gas supply over the past three years: a commodity that was overwhelmingly domestic has become increasingly imported, with consequences that will compound sharply if El Niño arrives as forecast.

Canacol Energy, Canada’s second-largest independent gas producer in Colombia, which is under creditor protection has attracted concern about a possible supply crisis.