Tuesday, June 30th, 2026
As we write this article, on Tuesday, June 30th, Brent is US$72.99 a barrel on FT.com. Who knows where it may be when you read this, likely some time on Wednesday, July 1st?
The Court of King’s Bench of Alberta issued a ruling on June 24 granting Canacol Energy Ltd. permission to cancel 19 natural gas supply and transportation contracts with Colombian counterparties, advancing the most consequential legal step yet in the company’s CCAA restructuring.
Luz Stella Murgas, president of the Colombian Natural Gas Association Naturgas, issued a sharp public warning on June 26 in response to the ANH’s IRR 2025 report, calling on the incoming De la Espriella administration to accelerate investment decisions and unblock stalled gas projects without delay.
Abelardo de la Espriella won Colombia’s presidency on the strength of a popular wave, but Cambio reports that the congressional arithmetic that awaits him on August 7th bears little resemblance to the enthusiasm of his rallies.
Colombia’s contribution to the extractive industries transparency initiative EITI held a public webinar on June 19 bringing together more than 70 participants from government agencies, civil society organizations, academic institutions, and territorial communities to review progress on the upcoming EITI Colombia National Report 2023-2024 and discuss the broader governance agenda for the mining and hydrocarbons sector.
The National Hydrocarbons Agency (ANH) finally released Colombia’s total oil and gas reserves figures for year-end 2025 last week. Contributor Tomás de la Calle looked at Colombia’s oil reserves over the past nine years and even looked back thirty years to assess performance.
Ecopetrol’s ADR reached US$16.58 on June 17 — one of its highest levels of the year — having risen between US$6 and US$7 from its late-2025 range of US$9-10 as the market had been pricing in a de la Espriella victory well before the June 21 vote.
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