Thursday, November 5th, 2026
GeoPark reported third-quarter net profit of US$6.6 million, down from US$14.0 million in the second quarter and US$15.9 million a year earlier, as lower realized prices and hedging losses cut Adjusted EBITDA to US$45.8 million. Net profit included a US$12.4 million income tax benefit, mainly deferred tax in Argentina.
Colombia received CoP$79 trillion in dividends and other income from Ecopetrol while CoP$87.7 trillion went to cover the accumulated deficit of the Fuel Price Stabilization Fund (FEPC), according to figures presented by Universidad de Los Andes professor Sergio Cabrales.
The Regasificadora del Pacífico, the LNG import project at Buga in Valle del Cauca, has not started operating, and the latest date from regional officials is mid-November, after an earlier target of November 1.
The government has included the recovery of the Antonio Ricaurte binational gas pipeline among its Projects of National and Strategic Interest (PINES), a step Valora Analitik calls “administrative” and does not mean Venezuelan gas can arrive now.
Colombia’s coal federation, Fenalcarbón, expects the sector to reach 90 million tons of production by 2030, close to its peaks in earlier years, from 51 million tons in 2025.
Colombia will keep gasoline and diesel prices unchanged in November, with the national average at CoP$15,886 per gallon for regular gasoline and CoP$11,320 for ACPM (diesel).
Minister of Mines and Energy María Nohemí Arboleda says it could take three to four years to normalize Colombia’s natural gas supply because of accumulated delays in exploring and developing new projects.
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