

Monday, June 8th, 2026
Ecopetrol closed 2025 with a reserve replacement index of 1.21 – meaning it added 1.21 equivalent barrels to its proven reserves for every equivalent barrel it produced during the year. Against annual production of 248 million equivalent barrels, the company incorporated 300 million equivalent barrels of new proven reserves, a result the Asociación Colombiana de Ingenieros de Petróleos (Acipet) characterized as positive for the state oil company.


The Iran War brought a welcome boost to oil prices that will benefit E&Ps throughout this year and into next. But will it also spur an end to the Internal Combustion Engine which has dominated transportation (and other applications) for over a century?
Since December 2024, we know that Colombia’s imported gas has been used for purposes other than feeding gas-powered thermogeneration plants, the reason regas facility SPEC was built in the first place. But is it significant?
Parex Resources Colombia used an article in El Espectador to mark its track record under Colombia’s Works for Taxes mechanism — the scheme that allows companies to redirect a portion of their income tax obligations directly into public infrastructure projects in historically underserved regions.
The Unión Sindical Obrera issued a communiqué on May 30 calling on Colombians — and oil and gas workers in particular — to vote in the presidential election with the country’s energy future as their primary consideration.
President Gustavo Petro summoned three Ecopetrol board members — Hildebrando Vélez, Alberto José Merlano, and board chair Ángela María Robledo — to the Casa de Nariño on June 1, according to sources speaking to Valora Analitik.
Colombia’s environmental licensing authority ANLA used a June 1 press release to frame its recent activity on liquefied natural gas infrastructure in explicitly strategic terms: the accumulation of approved and pending regasification projects along the Caribbean coast is the country’s most concrete near-term tool for expanding gas supply, increasing competition, and improving prices for end users.