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Monday, April 27th, 2026

Moody’s Ratings downgraded Ecopetrol’s global credit rating one notch from Ba1 to Ba2 on April 23, 2026, and simultaneously shifted the company’s outlook from stable to negative — the second credit action against the state oil company in less than a month, following a similar move by S&P roughly 20 days earlier.

Recent News

Palma defends Petro-government hydrocarbons policies

Palma defends Petro-government hydrocarbons policies

Speaking at the Naturgas industry association congress in Cartagena, Energy Minister Edwin Palma used a wide-ranging address to defend the government’s record on gas supply, reaffirm its no-new-exploration pledge, and signal an upcoming bilateral energy meeting with Venezuela – while acknowledging that past infrastructure decisions have left Colombia dangerously exposed on gas imports.

Thursday, April 23rd, 2026
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Puerto Bahía regas terminal on track for December 2026 start

Frontera Energy and Ecopetrol are pressing toward a December 2026 commissioning of the Puerto Bahía regasification terminal in Cartagena, which would give Colombia its second LNG import point and — at full capacity — the ability to cover 40% of national gas demand, currently estimated at 1,000 mmcfd, according to La República.

Thursday, April 23rd, 2026
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Parex delivers homes to vulnerable families in Putumayo

Four families in the municipality of Orito, Putumayo, have received new homes through Plan Padrino, the corporate volunteering program run by Parex Resources.

Thursday, April 23rd, 2026
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Aremca royalties scandal exposes systemic failures

Colombia’s Attorney General’s Office has moved to implicate the outgoing Petro administration in a major corruption scandal centered on the Asociación Regional de Municipios del Caribe (Aremca), after the arrests of nine of the organization’s directors on charges related to the alleged diversion of more than CoP$496B in royalties funding through 101 inter-administrative agreements with twelve departments, most never fully executed.

Thursday, April 23rd, 2026
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Barrancabermeja refinery posts two-decade output record

Barrancabermeja refinery posts two-decade output record

The Barrancabermeja refinery, Ecopetrol’s flagship processing facility in Santander, has reached its highest crude throughput in twenty years, processing 245,500 bd of crude — a level that has since climbed further to approximately 246,000 bd, according to Milton Lara, the plant’s acting general manager.

Wednesday, April 22nd, 2026
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Colombia reframes idle oil wells as clean energy assets

The Ministry of Mines and Energy has issued Resolution 40164 of 2026, a new regulatory framework governing the closure and abandonment of oil wells in Colombia that simultaneously tightens environmental safeguards and opens the door to repurposing subsurface infrastructure for clean energy applications.

Wednesday, April 22nd, 2026
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