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Wednesday, August 5th, 2026

Petrobras and Ecopetrol confirmed a new natural gas discovery with the drilling of the Sandía-1 exploration well, located in the GUA-OFF-0 block in deep water offshore Colombia.

Recent News

Palma running three ministries?

President Gustavo Petro signed Decreto 0905 on July 30th, naming Edwin Palma – currently Minister of Mines and Energy – as ad hoc Minister of Labor and ad hoc Minister of Housing, City, and Territory, concentrating three portfolios in one official just a week before the administration’s term ends on August 7th.

Tuesday, August 4th, 2026
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Decree could raise energy bills in Cauca up to 30%

Decreto 0526 de 2026 has raised alarms in Cauca after the Compañía Energética de Occidente (CEO) warned the measure will alter the Fondo de Energía Social (FOES) and could push energy bills up by as much as 30% for roughly 178,000 users starting June 1, 2027.

Tuesday, August 4th, 2026
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ECP trying to clean up from the hack

Ecopetrol has taken action to have illegally copied information from roughly 15 companies within its business group removed from public access, working in coordination with the Fiscalía General de la Nación and the Ministry of Information and Communications Technology (MinTIC),

Tuesday, August 4th, 2026
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Parex reaffirms step-change guidance in 2Q26 results

Parex reaffirms step-change guidance in 2Q26 results

Parex Resources framed its second-quarter 2026 results around the strategic transformation from its Frontera acquisition rather than the quarter’s numbers alone.

Tuesday, August 4th, 2026
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Roa closes out Ecopetrol tenure with apology

Back for only a single day, Ricardo Roa delivered his farewell address as Ecopetrol president on July 30th, closing a tenure marked by controversy that now has him facing judicial scrutiny.

Tuesday, August 4th, 2026
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Ecopetrol expands gas market backup to 97 GBTUd

Ecopetrol raised its natural gas contribution to 97 GBTUd to help cover the deficit created by the scheduled maintenance of the SPEC LNG regasification plant, which ran from Thursday, July 30th  to Monday, August 3rd.

Tuesday, August 4th, 2026
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