Tuesday, September 29th, 2026
Vice Minister of Energy Armando Cuello said the government has not ruled out eventually raising diesel prices, arguing the current subsidy is unsustainable.
Facing a fiscal deficit CARF projects could reach 10% of GDP by the close of 2027 and net debt around 67.3% of GDP, former Finance Minister Mauricio Cárdenas told Blu Radio that selling Ecopetrol’s majority stake in ISA to Colombia’s pension funds would be a smart move.
Óscar Rincón, president of the Asociación Colombiana de Ingenieros de Petróleos (Acipet), projected gas imports could reach 35-40% of national consumption by the end of 2026 as El Niño pushes thermal plants toward near-full dispatch capacity.
Ecopetrol’s full board unanimously designated Joaquín Gutiérrez Caballero as the company’s new president on September 24th, following what the company called a structured, agile selection process aimed at finding an “coordinating leader” capable of turning challenges into concrete results.
GeoPark scored highest provisionally for the Corralera Noreste block in Neuquén, Argentina’s Ronda 1/2026 exploratory round, run by Gas y Petróleo del Neuquén (GyP).
Colombia’s biofuels sector mobilized roughly CoP$25T over the past five years: equivalent to about 3% of manufacturing-industry GDP annually.
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