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Monday, March 30th, 2026

Canacol Energy Ltd. announces that, on March 26, 2026, the Court of King’s Bench of Alberta granted an order in the Company’s ongoing restructuring proceedings under the Companies’ Creditors Arrangement Act (Canada) approving the engagement of Breakpoint Advisory Partners LLC (“Breakpoint”) as Chief Restructuring Officer (“CRO”) of the Company.

Recent News

Petro government claims CoP$46T in royalties invested

Speaking at the National Municipalities Congress in Cartagena on March 13, 2026, the deputy director of Colombia’s General Royalties System (SGR), Rubin Ariel Huffington Rodríguez, presented the Petro government’s royalties investment record, claiming CoP$46T mobilized across 13,127 approved projects since August 2022.

Thursday, March 26th, 2026
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Palma meets US Embassy to discuss regional energy integration

Energy and Mines Minister Edwin Palma met on March 17, 2026 with U.S. Embassy Chargé d’Affaires Jarahn Hillsman and his economic team to review bilateral cooperation and investment opportunities across Colombia’s energy sector.

 

Thursday, March 26th, 2026
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Fuel prices do not vary much by city except…

Fuel prices do not vary much by city except…

We are rebuilding our fuel price database to capture more information while making it easier to update. Here is the first new chart, gasoline prices by city over time, here summarized to make it easier to read.

Thursday, March 26th, 2026
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Puerto Bahía becomes Ecopetrol’s LNG import priority

Ecopetrol’s regasification strategy has been forced into a pivot: the Coveñas project in Sucre, which had been billed as a 110 MMcfd import terminal, has effectively been shelved as a near-term priority after a series of bureaucratic delays, while the Puerto Bahía terminal in Cartagena — developed in partnership with Frontera Energy — has been accelerated to fill the gap.

Thursday, March 26th, 2026
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Petro responds to oil price spike with fertilizer subsidies

Writing on X on March 22, 2026, President Gustavo Petro outlined his government’s response to the prospect of oil prices climbing to US$180/barrel by May – a scenario flagged by Saudi Arabia – placing Ecopetrol at the center of a new fertilizer subsidy mechanism while firmly closing the door on gasoline subsidies.

Wednesday, March 25th, 2026
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Colombia’s presidential candidates stake out sharply divergent energy positions

With Colombia’s presidential election approaching, the country’s energy policy has emerged as one of the sharpest lines of division among the leading candidates — with the opposition right promising an immediate reversal of the Petro-era hydrocarbon moratorium and the ruling coalition’s candidate signaling continuity in an energy transition that keeps extractive sectors alive but conditions them on environmental and social limits.

Wednesday, March 25th, 2026
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