Monday, April 27th, 2026
Eni and Repsol have reached a new agreement with Venezuela to expand production at the Perla gas field in the Gulf of Venezuela — the largest gas discovery in Latin America — with an eye toward eventually exporting liquefied natural gas (LNG), though domestic supply requirements must be met first.
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.
Four families in the municipality of Orito, Putumayo, have received new homes through Plan Padrino, the corporate volunteering program run by Parex Resources.
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.
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.
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.
President Gustavo Petro used a cabinet meeting to announce that expiring Ecopetrol contracts would no longer receive automatic extensions, instead being subjected to open competitive processes.
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